Help with problem

I  =  6.5%  =  .065

Yearly

A  =  1234 ( 1 + .065)^4   ≈ $1587.50

Monthly

A  =  1234 ( 1 + .065/12)^(4*12)  ≈ $1599.29

Continuously   ....this uses   Pe^(r * t)

So  we have

1234 *e^(.065 * 4)   ≈ $1600.41

Note that continous compounding isn't much more than monthly  !!!

U WOT M8?