The function f(t) = 8000 e -0.02t represents the rate of flow of money in dollars per year. Assume a 15-year period at 5% compounded continuously. Find (a) the present value, and (b) the accumulated amount of money flow at T = 15. C (a) Set up the integral used to find the present value. Select the correct choice below and fill in any answer boxes within your choice. OA. P= JC dt 0 OB. Pe 0.05. e dt
The function f(t) = 8000 e -0.02t represents the rate of flow of money in dollars per year. Assume a 15-year period at 5% compounded continuously. Find (a) the present value, and (b) the accumulated amount of money flow at T = 15. C (a) Set up the integral used to find the present value. Select the correct choice below and fill in any answer boxes within your choice. OA. P= JC dt 0 OB. Pe 0.05. e dt
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter2: Graphical And Tabular Analysis
Section2.1: Tables And Trends
Problem 1TU: If a coffee filter is dropped, its velocity after t seconds is given by v(t)=4(10.0003t) feet per...
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