A math tee shirt business is expected to generate $32,000 in revenue per year for the next 20 years. If the income is reinvested in the business at a rate of 5% per year compounded continuously, which expression below is the total accumulated value of this income stream at the end of 20 years? r20 32,000 e0.05t dt – 20•32,000 32,000 el 20 O e0.05 32,000 e-1t dt 20 O e! -0.05t 32,000 e dt r 20 32,000 elt dt JO
A math tee shirt business is expected to generate $32,000 in revenue per year for the next 20 years. If the income is reinvested in the business at a rate of 5% per year compounded continuously, which expression below is the total accumulated value of this income stream at the end of 20 years? r20 32,000 e0.05t dt – 20•32,000 32,000 el 20 O e0.05 32,000 e-1t dt 20 O e! -0.05t 32,000 e dt r 20 32,000 elt dt JO
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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Transcribed Image Text:A math tee shirt business is expected to generate $32,000 in revenue per year for the next 20 years. If the income is
reinvested in the business at a rate of 5% per year compounded continuously, which expression below is the total
accumulated value of this income stream at the end of 20 years?
14
20
32,000 e0.05t dt - 20-32,000
21
O 32,000 el
20
O e0.05
32,000 e-1t dt
28
20
e!
32,000 e-0.05t dt
20
32,000 elt dt
iyo
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