Solve the given problem related to compound interest. Find the balance if $4500 is invested at an annual interest rate of 6.5%, compounded annually, after the following number of years. (Round your...

Solve the given problem related to compound interest.

Find the balance if $4500 is invested at an annual interest rate of 6.5%, compounded annually, after the following number of years. (Round your answers to the nearest cent.)

Answers:

A.) 5 years ______$

B.)12 years_______$