Aiso Deposits $150 / Month in a Savings Account Paying

question 229

Short Answer

Aiso deposits $150 / month in a savings account paying 8% /year compounded continuously. Estimate the amount that will be in his account after 25 years. Round your answer to the nearest dollar.
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$__________

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Definitions:

Lens

A transparent structure in the eye that focuses light onto the retina to produce clear images.

Vitreous Humor

A transparent, gel-like substance filling the space between the lens and the retina of the eye, helping it maintain shape and optical properties.

Cornea

The clear, dome-shaped surface that covers the front of the eye and contributes to the eye's focusing power.

Sclera

The tough protective outer layer of the eye, contributing to the eye's structural integrity and being crucial for vision.