Question 425285
Riley has $2000 to invest. 
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Fishman Investing offers an 8% annual percentage rate compounded continuously.
A(t) = P*e^(rt)
A(10) = 2000*e^(0.08*10)
A(10) = $4451.08
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Pick and Mendoza Investments offers 8.125% annual percentage rate compounded monthly. 
A(t) = P(1+(r/n))^(nt)
A(10) = 2000(1+0.08/12)^(12*10)
A(10) = $4439.28
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Which investment should Riley make and how much money will she make from each over a ten year period?
Answered above.
Cheers,
Stan H.