An Initial Investment of $5,100 Earns 8

question 160

Short Answer

An initial investment of $5,100 earns 8.5% interest, compounded continuously. What will the investment be worth in 12 years?

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Definitions:

Amplitude

In physics, it refers to the maximum extent of a vibration or oscillation, measured from the position of equilibrium.

Rods

Photoreceptors in the retina of the eye that are responsible for vision at low light levels, but cannot discern color.

Cones

Photoreceptor cells in the retina of the eye which function best in bright light and are responsible for color vision and high spatial acuity.

Retina

The light-sensitive layer of tissue at the back of the inner eye that converts light into neural signals.