-0.03t The function f(t) = 9000 e represents the rate of flow of money in dollars per year. Assume a 5-year period at 5% compounded continuously. Find (a) the present value, and (b) the accumulated amount of money flow at T = 5. (a) Set up the integral used to find the present value. Select the correct choice below and fill in any answer boxes within your choice. .03t *A. P= √ (9000 e -·03ª) e ¯ (.05) ₁ 0.05. OB. P= e √ O) c `O ¹a The present value is $ 37088.99 (Do not round until the final answer. Then round to the nearest cent as needed.) (b) Set up the integral used to find the accumulated amount of money flow at T = 5. Select the correct choice below and fill in any answer boxes within your choice. 50
-0.03t The function f(t) = 9000 e represents the rate of flow of money in dollars per year. Assume a 5-year period at 5% compounded continuously. Find (a) the present value, and (b) the accumulated amount of money flow at T = 5. (a) Set up the integral used to find the present value. Select the correct choice below and fill in any answer boxes within your choice. .03t *A. P= √ (9000 e -·03ª) e ¯ (.05) ₁ 0.05. OB. P= e √ O) c `O ¹a The present value is $ 37088.99 (Do not round until the final answer. Then round to the nearest cent as needed.) (b) Set up the integral used to find the accumulated amount of money flow at T = 5. Select the correct choice below and fill in any answer boxes within your choice. 50
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.9: Combining Functions
Problem 2AGP
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