Suppose an investor deposits $4,000 in an account bearing 2.5% intrest compounded continuously. Find the total amount in the account for the following time period.
The total amount of money is=?
I am not asking for the answer, I just want to know if I need to know how to get the answer....do I multiply the 2.5 by 29 then divide? I can't figure out how to set it up???? Please help. Thanks