Mark invests $2,243 in a retirement account with a fixed annual interest rate of 3% compounded continuously. What will the account balance be after 15 years?
You start by multiplying 2,243 times 0.03(The representation of 3% as a decimal) After you get 67.29, you multiply that by 15. So the answer is $1009.35 in interest rate in 15 years
