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1. The amount of 1250 is to be invested in a bank for 10 years. Would 3% interest compounded semiannually be better that 2.8% compounded continuously? 2. An amount of money is deposited in a savings account with interest compounded continuously. Let A(t) be the balance in the account after 15 years. Answer each of the following: (a) How fast will the balance be growing in 3 years? (b) Give the general form of the function A(t). (c) How long will it take for the initial deposit to triple? ((1) Find the balance after 3 years. (c) When will the balance be 3 dollars? (f) When will the balance be growing at the rate of 3 dollars per year? (g) What was the principal amount