Question
Find the value of an income stream after 9 years if the rate of flow is estimated to be $140,000 annually and the income is
Find the value of an income stream after 9 years if the rate of flow is estimated to be $140,000 annually and the income is deposited at a rate of 5 percent compounded continuously. Round intermediate answers to eight decimal places and final answer to two decimal places.
Please provide the FINAL answer
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Financial Accounting
Authors: Dr Carl S. Warren, Dr James M. Reeve, Philip E. Fess
9th Edition
032418803X, 978-0324188035
