Brad buys a pack of 12 energy drinks for £9.25 he sells all 12 for £1
work out the percentage profit
give your answer correct to 2 significant figures

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.