Evaluating and Solving Exponential Functions
Jolene invested 12,300 dollars in a savings account that paid 7.1% interest compounded annually. The function used to represent this investment is A(t)=12300(1.071)t\displaystyle {A}{\left({t}\right)}={12300}{\left({1.071}\right)}^{{t}} where A\displaystyle {A} is the accrued value of the savings account and t\displaystyle {t} is the length of the investment in years. Use the function to answer the following questions.
Determine how much money Jolene will have after 16 years. Round your answers to two decimal places.

After 16 years, Jolene will have dollars in her savings account.
Determine how long it will take for Jolene to have 68,334.79 dollars accrued. Round your answer to the nearest year.

Jolene will have accrued 68,334.79 dollars in her savings after years

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