What is the present value of an investment that will generate income continuously at a constant rate

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What is the present value of an investment that will generate income continuously at a constant rate of $1,000 per year for 10 years if the prevailing annual interest rate remains fixed at 7% compounded continuously?

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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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Question Posted: Jun 24, 2023 05:45 AM

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What is the present value of an investment that will generate income continuously at a constant rate

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Calculus For Business, Economics And The Social And Life Sciences

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