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Find the present and future values of a continuous income stream of $5000 per year for 12 years if money can earn 1.3% annual interest
- Find the present and future values of a continuous income stream of $5000 per year for 12 years if money can earn 1.3% annual interest compounded continuously.
2. 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.
3. 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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