Practice with interest

Question

Greg deposits $300 in an account that earns 6% interest compounded annually while Mary deposits $300 in an account that collects 5.5% interest compounded continuously. At the end of 5 years who will have more money? How much more will they have?

Answer 1

Greg = 600(1 + 0.06)⁵

Mary = 300e^(0.055)(5)