It interest in a bank account is compounded continuously, the amount grows at a rate that is proportional to the amount present in the acoount. Interest that is compounded daily very closely approximates this situationDetermine the amount in an account after one year if $3000 is placed in the account and it pays 4% interest per year, compounded continuously. (... After 1 year the account balance will be approximately $D. (Round to the nearest cent as needed.)