Posted by Alissa Beyer on .
Randy invested his inheritance in an account that paid 6.1% interest, compounded continuously. After 5 years, he found that he now had $51, 426.94. What was the original amount of his inheritance?

algebra 
Reiny,
amount(e^(.061)(5) = 51426.94
amount = 51426.94/e^(.061)(5)
= 37908.00