Savannah is going to invest in an account paying an interest rate of 1.6% compounded continuously. How much would Savannah need to invest, to the nearest hundred dollars, for the value of the account to reach $41,000 in 11 years?

The length of time it takes to find a parking space at 9 a. m. follows a normal distribution with a mean of 5 minutes and a standard deviation of 2 minutes. find the probability that it takes at least 8 minutes to find a parking space. (round your answer to four decimal places.)