## anonymous one year ago .

1. anonymous

I'm not sure if that's right.

2. anonymous

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

3. jim_thompson5910

Use the formula $\Large A = P\left(1+\frac{r}{n}\right)^{nt}$

4. jim_thompson5910

oh sorry, you want continously compounded interest, so you use this one instead $\Large A = Pe^{rt}$

5. anonymous

okay

6. anonymous

hm looked at my book again and I got 448.30

7. jim_thompson5910

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

8. anonymous

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

9. jim_thompson5910

oh right, to the nearest dollar. Yes correct

10. anonymous