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Suppose an investment is expected to generate income at the rate of P(t)=3,000+200t $/year for the next 5 years. Find the present value of this
Suppose an investment is expected to generate income at the rate of
P(t)=3,000+200t
$/year for the next 5 years. Find the present value of this investment if the interest rate is 3%/year compounded continuously.
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