Olivia is investing $1600 is a long term savings account earning 4.62% interest per year. Part 1 - Time Needed: Compounded Semiannually If she invests the money in an account which compounds the interest semiannually, how long will it take for her money to reach $3000? Her account will be valued at $3000 in X years. (Round to the nearest hundredth of a year.) Part 2 - Time Needed: Compounded Monthly If she invests the money in an account which compounds the interest monthly, how long will it take for her money to reach $4200? Her account will be valued at $4200 in years. (Round to the nearest hundredth of a year.) Submit