Suppose you deposit $3000 in an account paying 2% annual interest, compounded continuously. Use A=Pert to find the balance after 5 years.
A = $3,000 * e^0.02(5)
A = $3,000 * e^0.1
A = $3,000 * 1.105171
A = $3,315.51
A = $3,000 * e^0.02(5)
A = $3,000 * e^0.1
A = $3,000 * 1.105171
A = $3,315.51