Question

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Answer 1

I'm not sure if that's right.

Answer 2

I'm trying to figure this out let me see...

Answer 3

Use the formula

\[\Large A = P\left(1+\frac{r}{n}\right)^{nt}\]

Answer 4

oh sorry, you want continously compounded interest, so you use this one instead

\[\Large A = Pe^{rt}\]

Answer 5

okay

Answer 6

hm looked at my book again and I got 448.30

Answer 7

yeah I'm getting 448.30084995368 which rounds to 448.30. Nice work

Answer 8

so I would just put down 448? and leave out the 30 then

Answer 9

oh right, to the nearest dollar. Yes correct

Answer 10

thanks for your help! :)

Answer 11

no problem