Find the PV of an income stream paying out continuously at a rate of 5000e−0.1t dollars per year for 5 years, assuming an interest rate of r = 4%.
Find the PV of an income stream paying out continuously at a rate of 5000e−0.1t dollars per year for 5 years, assuming an interest rate of r = 4%.
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 9T
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Find the PV of an income stream paying out continuously at a rate of 5000e−0.1t dollars per year for 5 years, assuming an interest rate of r = 4%.
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