The rate of a continuous money flow starts at $1000 and increases exponentially at 5% per year

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The rate of a continuous money flow starts at $1000 and increases exponentially at 5% per year for 4 years. Find the present value and accumulated amount, as well as the total interest earned, if interest earned is 3.5% compounded continuously.

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Calculus With Applications

ISBN: 9780135871348

12th Edition

Authors: Margaret L. Lial

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Question Posted: Jan 17, 2023 02:23 AM

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The rate of a continuous money flow starts at $1000 and increases exponentially at 5% per year

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Calculus With Applications

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