A continuous income stream has an annual rate of flow at time t given by f (t)=12,000e0.04t

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A continuous income stream has an annual rate of flow at time t given by f (t)=12,000e0.04t (dollars per year) If money is worth 8% compounded continuously, find the present value of this stream for the next 8 years.

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 07:29 AM

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A continuous income stream has an annual rate of flow at time t given by f (t)=12,000e0.04t

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Mathematical Applications for the Management Life and Social Sciences

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