
How much will you owe if you return a Lamont reserve book 47 years from today? 
 
$4,944.12: Pretty steep price for that two-page response paper, eh? 
 
THE MATH: 
2 cents per minute x 60 minutes/hour x 24 hours/day x 365 days/per nonleap year=105.12
2 cents per minute x 60 minutes/hour x 24 hours/day x 365 days/per leap year=105.14 
105.41 x 12 leap years=1264.92
105.12 x 35 non-leap years=3679.20 
$4,944.12 for the next 47 years!