Solving A = Pe¹¹ for P, we obtain P = Ae which is the present value of the amount A due in t years if money earns interest at an annual nominal rate r compounded continuously. (A) Graph P=9,000€ -0.061 Ost≤80. (B) Find lim9.000e - 0.061 [Guess, using part (A).] [Conclusion: The longer the time until the amount A is due, the smaller is its present value, as we would expect.] (A) Choose the correct graph of P=9,000e-0.061, 0sts 80. & OB. O.C. OD. AF Q Q AP Q AP 9000 9000- 9000- 17: 14: 80 (B) lim 9.000e -0.061_ AP 9000- 0+ 80
Solving A = Pe¹¹ for P, we obtain P = Ae which is the present value of the amount A due in t years if money earns interest at an annual nominal rate r compounded continuously. (A) Graph P=9,000€ -0.061 Ost≤80. (B) Find lim9.000e - 0.061 [Guess, using part (A).] [Conclusion: The longer the time until the amount A is due, the smaller is its present value, as we would expect.] (A) Choose the correct graph of P=9,000e-0.061, 0sts 80. & OB. O.C. OD. AF Q Q AP Q AP 9000 9000- 9000- 17: 14: 80 (B) lim 9.000e -0.061_ AP 9000- 0+ 80
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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![Solving A = Pet for P, we obtain P = Aer which is the present value of the amount A due in t years if money earns interest at an annual nominal rate r compounded continuously.
(A) Graph P=9,000e -0.06, 0≤t≤80.
(B) Find limo
9,000e -0.06t
[Guess, using part (A).]
[Conclusion: The longer the time until the amount A is due, the smaller is its present value, as we would expect.]
-0.06t
(A) Choose the correct graph of P = 9,000e
0st≤80
GM
A.
O C.
O D.
AP
Q
Q
9000-
Q
Q
M
-0.06t
(B) lim 09.000e
OB.
9000
AP
Q
G
AP
9000+
80
AP
9000-
80
Q
Q](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5031235a-01e5-4a80-99ba-e8c69a8dda1a%2Faea62417-0364-4e1d-9b81-c255d04602c6%2Fg5nkye_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Solving A = Pet for P, we obtain P = Aer which is the present value of the amount A due in t years if money earns interest at an annual nominal rate r compounded continuously.
(A) Graph P=9,000e -0.06, 0≤t≤80.
(B) Find limo
9,000e -0.06t
[Guess, using part (A).]
[Conclusion: The longer the time until the amount A is due, the smaller is its present value, as we would expect.]
-0.06t
(A) Choose the correct graph of P = 9,000e
0st≤80
GM
A.
O C.
O D.
AP
Q
Q
9000-
Q
Q
M
-0.06t
(B) lim 09.000e
OB.
9000
AP
Q
G
AP
9000+
80
AP
9000-
80
Q
Q
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