Question 1208832
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Option 1
A = P*(1+r/n)^(n*t)
A = 8000*(1+0.07/12)^(12*6)
A = 12160.84 approximately when rounding to the nearest penny


Option 2
A = P*e^(r*t) where e = 2.718 roughly
A = 8000*e^(0.0685*6)
A = 12066.60 approximately when rounding to the nearest penny


You earn slightly more with <font color=red>option 1</font>.
The difference is 12160.84 - 12066.60 = 94.24 extra dollars.
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