A math tee shirt business is expected to generate $39,000 in revenue per year for the next 5 years. If the income is reinvested in the business at a rate of 5% per year compounded continuously, which expression below is the present value of this income stream? e0.05 39,000e-0.25 5 Sº e0.25 0 5 5 1³ 39,000e 0.25t dt 5 S 39,000e-0.05t dt 39,000e-0.05t dt 39,000e0.05t dt - 5 * 39,000
A math tee shirt business is expected to generate $39,000 in revenue per year for the next 5 years. If the income is reinvested in the business at a rate of 5% per year compounded continuously, which expression below is the present value of this income stream? e0.05 39,000e-0.25 5 Sº e0.25 0 5 5 1³ 39,000e 0.25t dt 5 S 39,000e-0.05t dt 39,000e-0.05t dt 39,000e0.05t dt - 5 * 39,000
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 22T
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