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Gridded Flannel Fabric, A bank representative studies compound interest, so she can. A bank representative studies compound interest, so she can better serve customers. She analyzes what happens when $2,000 earns interest several different ways .1 answer  ·  Top answer: Given:$p$=Principle=$2,000$r$=Interest rate=4%=0.04$t$=Time expressed in years=3 yearsThe continuous compounding formula is$B=pe^{rtimes . Grinch Flannel Fabric By The Yard, 3.6 Assignment.pdf - 3.6 Continuous Compounding .. She compares two different banks.State Banks will payher 4.1% interest, compounded monthly.Kings Savings will pay her 4.01% interest,compounded continuously.a. Grinch Flannel Pants, Banking Services. PDFMay 11, 2010 — Interest is based on interest rate and principal, or balance. There are two classification for interest: simple interest and compound interest.58 pagesA bank pays 2.5% interest on deposits. What is the return .. When a bank offers compound interest, it figures the interest for each period based on the account's previous balance plus the interest gained in the last .1 answer  ·  Top answer: Rate of interest (r) = 2.5 %Principal (P) = $ 1000Time (n) = 2 yearsAmount (A) = ?We know that,Amount (A)=P(1+r100)nOn substituting the .A bank representative studies compound interest so s .. Question: A bank representative studies compound interest so she can better serve customers. She analyses what happens when $ 2,000 earns interest several .1 answer  ·  Top answer: Answer to A bank representative studies compound interest so she can better serve customers. She analyses what happens when $ 2,000 earns interest several diffeUnderstanding The Power of Compound Interest. Robert Ironside, a professor of finance at Kwantlen Polytechnic University in Surrey, B.C., explains compound interest this way: “The amount of interest is .3-6 Continuous Compounding. 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