Helen deposited $1200 at 5% interest compounded continuously. After 6 years, how much did she have ?

Question

I got $2,160 but I was told it was incorrect

Answer 1

P = Po*e^(r*t).

r*t = 0.05*6 = 0.3.

P = 1200 * e^0.3 = $1619.83.