Look at attachment

Use a calculator with an 𝑒𝑥 key to solve the exercise.

In 1626, Peter Minuit persuaded the Wappinger Indians to sell him Manhattan Island for $24. If the Native Americans had put the $24 into a bank account paying 5% interest, how much would the investment have been worth in the year 2005 if interest were compounded

a. monthly?

b. continuously?