Suppose that vending maching company is considering selling some of its machines. Suppose further that the income from these particular machines is a continuous strealm with an annual rate of flow at time t given by f(t)=12e^(-0.4(t+3)) in thousnads of dollars per year. Find the present value and future value of the machines over the next 5 years if money is worth 10% compounded contiously.

Suppose that vending maching company is considering selling some of its machines. Suppose further that the income from these particular machines is a continuous strealm with an annual rate of flow at time t given by f(t)=12e^(-0.4(t+3)) in thousnads of dollars per year. Find the present value and future value of the machines over the next 5 years if money is worth 10% compounded contiously.

Name: Suppose that vending maching company is considering selling some of it
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Description: Suppose that vending maching company is considering selling some of its machines. Suppose further that the income from these particular machines is a continuous strealm with an annual rate of flow at time t given byf(t)=12e^(-0.4(t+3))in thousnads of

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section6.7: Exponential And Logarithmic Models

Problem 16TI: Recent data suggests that, as of 2013, the rate of growth predicted by Moore’s Law no longer holds....

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