Suppose that a printing firm considers its production as a continuous income stream. If the annual rate

Question:

Suppose that a printing firm considers its production as a continuous income stream. If the annual rate of flow at time t is given by f (t)=97.5e-0.2(t+3) in thousands of dollars per year, and if money is worth 6% compounded continuously, find the present value and of the presses over the next 10 years.
Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...