Question 208089
if a bank compounds continuously, then the formula used is A=Pe rt where e is a constant and equals approximately 2.7183. Calculate A with continuous compounding. Round answer to nearest cent. 
deposit is 2,000 for 5 years of 8% 
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FV = $2000*e^(.08*5)
FV = 2000*1.49182...
FV = 2983.65