Find the amount of an annuity with income function c(t), interest rate r, and term T. (Round your answer to two decimal places.) c(t) = $4000, r = 3%, T = 15 years $

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter13: Sequences And Series
Section13.4: Mathematics Of Finance
Problem 22E
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Find the amount of an annuity with income function c(t), interest rate r, and term T. (Round your answer to two decimal places.)
c(t)
$4000, r = 3%, T = 15 years
$
Transcribed Image Text:Find the amount of an annuity with income function c(t), interest rate r, and term T. (Round your answer to two decimal places.) c(t) $4000, r = 3%, T = 15 years $
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