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The accumulated, or total, future value after T years of an income stream of R ( t ) thousand dollars per year, earning interest at
The accumulated, or total, future value after years of an income stream of thousand dollars per year, earning interest at the rate of per year compounded continuously, is given by
A company recently bought an automatic carwashing machine that is expected to generate thousand dollars in revenue per year, years from now, for the next years. If the income is reinvested in a business earning interest at the rate of per year compounded continuously, find the total accumulated value of this income stream at the end of years.
Answer:
thousand dollars
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