Find the present value of $3000 payable at the end of 4 years, if money may be invested at 8% with interest compounded continuously. The present value of $3000 is $. (Round to the nearest cent as needed.)

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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Find the present value of $3000 payable at the end of 4 years, if money may be invested at 8% with interest compounded continuously.
The present value of $3000 is $
(Round to the nearest cent as needed.)
Transcribed Image Text:Find the present value of $3000 payable at the end of 4 years, if money may be invested at 8% with interest compounded continuously. The present value of $3000 is $ (Round to the nearest cent as needed.)
A note card company has found that the marginal cost per card of producing x note cards is given by the function below, where C'(x) is the marginal cost, in cents, per card. Find the total cost of producing 800 cards, disregarding any fixed costs.
C'(x) = -0.07x+77, for x< 1000
The total cost is
cents
Transcribed Image Text:A note card company has found that the marginal cost per card of producing x note cards is given by the function below, where C'(x) is the marginal cost, in cents, per card. Find the total cost of producing 800 cards, disregarding any fixed costs. C'(x) = -0.07x+77, for x< 1000 The total cost is cents
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