6. Lolly rushed inside the moment she got home, clearly very excited. When her mother asked her what was up, Lolly said "got a great interest rate on my account at
the bankl" she replied. "I'm going to figure out how much money I'm going to have
when I'm ready to go on my European vacation." Then Lolly wrote:
A = 500(1,0325)
/5 points
a) How much money did Lolly put into the bank?
b) What interest rate is Lolly getting?
c) Is it simple interest or compounded?
d) How many years is Lolly planning to save her money?
e) How much money will she have for her vacation?