Costas and sheila bought a raffle tickets. the grand prize is $100.00. costas gave $3.50 and sheila gave $1.50. if they win they will share the money in the same proportion that they paid for. how much of the money should each person receive

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.