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3) Grandparents place a continuous stream of $1,000 per year into a college fund which has a continuously compounding interest rate of 0.6%. What will be the value of this continuous stream after 18 years. Round your answer to the nearest integer. 4) Someone invests a constant stream of $1,000 per year at a continuously compounding interest rate of 8%. What is the present value of this strcam id it continues for 10 years. Round your answer to the nearest dollar.

3) Grandparents place a continuous stream of $1,000 per year into a college fund which has a continuously compounding interest rate of 0.6%. What will be the value of this continuous stream after 18 years. Round your answer to the nearest integer. 4) Someone invests a constant stream of $1,000 per year at a continuously compounding interest rate of 8%. What is the present value of this strcam id it continues for 10 years. Round your answer to the nearest dollar.

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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PARE D 3) Grandparents place a continuous stream of $1,000 per year into a college fund which has a continuously compounding interest rate of 0.6%. What will be the value of this continuous stream after 18 years. Round your answer to the nearest integer. 4) Someone invests stream of $1,000 per year at a continuously compounding interest rate of 8%. What is the present value of this strcam id it continues for 10 years. Round your answer to the nearest dollar. I insert 4- + > T 6 G B & 7. H Y U * الالالالالال N 00 8 T ( 9 M K O < A P alt ? [ = 44 1 } 1 pause ctn 5/- backspa
Transcribed Image Text:PARE D 3) Grandparents place a continuous stream of $1,000 per year into a college fund which has a continuously compounding interest rate of 0.6%. What will be the value of this continuous stream after 18 years. Round your answer to the nearest integer. 4) Someone invests stream of $1,000 per year at a continuously compounding interest rate of 8%. What is the present value of this strcam id it continues for 10 years. Round your answer to the nearest dollar. I insert 4- + > T 6 G B & 7. H Y U * الالالالالال N 00 8 T ( 9 M K O < A P alt ? [ = 44 1 } 1 pause ctn 5/- backspa
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