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Incorrect Question 15 0/5 pts A company has profits of $35,000 this year and expects profits to decrease by $1900 dollars per year over the
Incorrect Question 15 0/5 pts A company has profits of $35,000 this year and expects profits to decrease by $1900 dollars per year over the next 8 years. If the profits will be continuously invested in an account bearing 4.5% APR compounded continuously, what is the 8-year present value of this income stream? Round your answer to two decimal places. Do not include units. (Hint: Finding a formula for R(t) is usually the trickiest part. Remember in the videos that I talked about different buzz words to look for to help you determine whether R(t) is constant, linear, or exponential.) 268,231.08
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