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OpenStudy (anonymous):
FlybynightSavings.com is offering a savings account that pays 28% compounded continuously. How much interest would a deposit of $3,000 earn over 5 years? (Round your answer to the nearest cent.)
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OpenStudy (anonymous):
I used a=pe^rt p=3000 r=.28 and t= 5 my answer was $12165.60 but its wrong?
OpenStudy (anonymous):
I had the same answer. M.b. in assignment was given spesific round value of e, such as 2.7 or 2.71828?
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