Solving A = Pe rt for P, we obtain P = Ae -rt which is the present

Question:

Solving A = Pe^rt for P, we obtain

P = Ae^-rt

which is the present value of the amount A due in t years if money earns interest at an annual nominal rate r compounded continuously.

(A) Graph P = 10,000e-0.08t, 0 ≤ t ≤ 50.

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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Question Posted: Apr 09, 2022 12:00 AM

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Solving A = Pe rt for P, we obtain P = Ae -rt which is the present

Question:

(B) lim 10,000e e-0.08t

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

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