What Amount Must Be Deposited Today at 6% P

question 6

Multiple Choice

What amount must be deposited today at 6% p.a. to grow to $15 000 in five years?

• A) $2 830.20
• B) $3 560.92
• C) $11 209.50
• D) $15 000.00

---

Definitions:

Dark Adaptation

The process by which the eyes become more sensitive to light in low illumination, allowing for better vision in the dark.

Light Adaptation

The recovery of the eye’s sensitivity to visual stimuli in light after exposure to darkness.

Afterimage Resolution

The process by which the visual perception of an image continues to appear in one's vision after the exposure to the original image has ceased.

Opponent-Process Theory

A theory of color vision and emotion that explains how contrasting colors and emotions are processed in relation to each other.