An Initial Investment of $5000 Earns 8

question 31

Short Answer

An initial investment of $5000 earns 8.8% interest, compounded continuously. What will the investment be worth in 12 years?
Please round the answer to the nearest cent. $__________

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Definitions:

Mobility Problems

Challenges or difficulties in moving one's body, which can be due to conditions like physical disabilities, injuries, or age-related issues, affecting quality of life and independence.

Skin Impairment

Any damage or disruption to the normal integrity and function of the skin, which could be due to injury, infection, or underlying health conditions.

Chair Sitting

The practice of being seated in a chair, which may be evaluated in healthcare to determine an individual's mobility or balance capacity.

Plan Of Care

A detailed strategy designed by healthcare professionals outlining the medical services and treatments a patient will receive.