You work 35 hours/week for 52 weeks and are given the option to be paid hourly or to go on salary. in which situation will you earn the most?
a. $18.50/hour
b. $32,000 a year
c. $17.50/hour & a $1,500 bonus at end of year
d. $30,000 a year w/ 5% bonus

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.