The answer to #2 is $12795.24 The answer to #3 is $5592.69

I NEED THE WORK TO SHOW HOW WE GET THESE ANSWERS.

SIZJU IS Ihv years. ( $1613.08 ) 2. A loan of $12,000 is due in seven months with interest. If the interest rate on the loan is 11% compounded continuously, determine the amount needed to settle the loan. 3. For retirement an investor wants to accumulate $250,000 in forty years. How much should he invest in order to reach his goal if money earns 9.5% compounded continuously? ($5592.69 ) 4. A deposit of $2200 is made into an account that pays 5.2% compounded continuously. Another deposit of $1600