uppose that a machine's production can be considered as a continuous income stream with annual rate of flow at time t given by f(t) = 10,000 − 800t (dollars per year). If money is worth 10%, compounded continuously, find the present value of the machine over the next 2 years. (Round your answer to the nearest dollar.)
uppose that a machine's production can be considered as a continuous income stream with annual rate of flow at time t given by f(t) = 10,000 − 800t (dollars per year). If money is worth 10%, compounded continuously, find the present value of the machine over the next 2 years. (Round your answer to the nearest dollar.)
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 8RE: Suppose an investment account is opened with aninitial deposit of 10,500 earning 6.25...
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Suppose that a machine's production can be considered as a continuous income stream with annual rate of flow at time t given by
f(t) = 10,000 − 800t (dollars per year).
If money is worth 10%, compounded continuously, find the present value of the machine over the next 2 years. (Round your answer to the nearest dollar.)
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