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A company generates a continuous stream of income of 23t million dollars per year, where t is the number of years that the company has
A company generates a continuous stream of income of 23t million dollars per year, where t is the number of years that the company has been in operation. (a) Find the integral for the present value of this stream for the first 6 years at 4% interest compounded continuously. (Do not use a graphing calculator.) PV(t)=06dt (b) Evaluate your answer to part (a) using FnInt on a graphing calculator. (Enter your answer in millions of dollars. Round your answer to the nearest whole number.) \$ million A company generates a continuous stream of income of 23t million dollars per year, where t is the number of years that the company has been in operation. (a) Find the integral for the present value of this stream for the first 6 years at 4% interest compounded continuously. (Do not use a graphing calculator.) PV(t)=06dt (b) Evaluate your answer to part (a) using FnInt on a graphing calculator. (Enter your answer in millions of dollars. Round your answer to the nearest whole number.) \$ million
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