For all exercises in this exercise set, use a graphing calculator. Find the accumulated present value of each continuous income stream at rate R ( t ) , for the given time T and interest rate k , compounded continuously. R ( t ) = $ 6400 , T = 20 yr , k = 3.8 %
For all exercises in this exercise set, use a graphing calculator. Find the accumulated present value of each continuous income stream at rate R ( t ) , for the given time T and interest rate k , compounded continuously. R ( t ) = $ 6400 , T = 20 yr , k = 3.8 %
Solution Summary: The author calculates the accumulated present value of a continuous income stream at rate 6400t, for the time 20 years, and interest rate 3.8%.
For all exercises in this exercise set, use a graphing calculator.
Find the accumulated present value of each continuous income stream at rate
R
(
t
)
,
for the given time T and interest rate k, compounded continuously.
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