An initial investment amount​ P, an annual interest rate​ r, and a time t are given. Find the future value of the investment when interest is compounded​ (a) annually,​ (b) monthly,​ (c) daily, and​ (d) continuously. Then find​ (e) the doubling time T for the given interest rate. Pequals​$1500​, requals3.15​%, tequals5 yr Question content area bottom Part 1 ​a) The future value of the investment when interest is compounded annually is ​$

enter your response here. ​(Type an integer or a decimal. Round to the nearest cent as​ needed.)