. Suppose an investment is project to generate income at the rate of R(t) = 150,000 dollars per year for the next 4 years. Find the present value of this investment if the prevailing interest rate is 7% per year compounded continuously.
. Suppose an investment is project to generate income at the rate of R(t) = 150,000 dollars per year for the next 4 years. Find the present value of this investment if the prevailing interest rate is 7% per year compounded continuously.
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 68SE: An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000...
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