In t years, an investment will be generating f(t) = A + Bt dollars per year, where

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In t years, an investment will be generating f(t) = A + Bt dollars per year, where A and B are constants. Suppose the income is generated in perpetuity, with a fixed annual interest rate r compounded continuously. Show that the present value of this investment is


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dollars.

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Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

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