Mayra only has $1,600 today but needs $2,000 to buy a new laptop. How long will she have to wait to buy the laptop if she earns 12 percent compounded annually on her money? 1.41 years 2.96 years 1.97 years 2.42 years 10 points Save QUESTIONS Twenty years ago, you deposited $5,000 into an account. You earned 11 percent, compounded annually. How much money do you have in your account today? $26,471.46 $40,311.56 $55,167.14 o $34,826.82