Find the total value TV of the given income stream and also find its future value FV (at the end of the given interval) using the given interest rate. (Round your answers to the nearest cent.) R(t) = 26,000e0.05t, 0 ≤ t ≤ 7, at 12% TV = $ FV = $
Find the total value TV of the given income stream and also find its future value FV (at the end of the given interval) using the given interest rate. (Round your answers to the nearest cent.) R(t) = 26,000e0.05t, 0 ≤ t ≤ 7, at 12% TV = $ FV = $
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.3: Geometric Sequences
Problem 78E
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