Which expression is equivalent to 1/3p+15? a 1/3(p+45). b 1/3(p+5). c 3(p+45). d 3(p+5)

A. use the formula for continuous compounding with the original example: $1000 invested at 2% for 1 year. record the amount to 5 decimal places. use a calculator. b. compare it to the result using the original compound interest formula with n = 365 calculated to 5 decimal places. which has a larger value? explain.