Question
1.Find the present value of a continuous income stream F( t )= 20 +t, where t is in years and F is in tens of
1.Find the present value of a continuous income stream F( t )= 20 +t, where t is in years and F is in tens of thousands of dollars per year, for 10 years, if money can earn 2% annual interest, compounded continuously.
2. Find the future value of a continuous income stream F(t)=8500+640t+100, where t is in years and F is in dollars per year, for 15 years, if money can earn 6% annual interest, compounded continuously.
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Introduction to Real Analysis
Authors: Robert G. Bartle, Donald R. Sherbert
4th edition
471433314, 978-1118135853, 1118135857, 978-1118135860, 1118135865, 978-0471433316
