FlybynightSavings.com is offering a savings account that pays 29% compounded continuously. How much interest would a deposit of $4,000 earn over 10 years?
If that is really supposed to be 29% then Total = Principal * e^(rate*years) Total = 4,000 * e^(.29*10) Total = 4,000 *
18.1741453605
Total =
72,696.58
