Explanation Formula used: Present value of money: “Present value at a time T is P = ∫ 0 T f ( t ) e − r t d t where f ( t ) is the rate of continuous money flow at an interest rate r at time t ”. Calculation: According to the given information f ( t ) = 50 , 000 t , r = 0.035 and T = 5 . Substitute the respective values and obtain the present value as P = ∫ 0 5 50 , 000 t e − 0.035 t d t . Find the value of 50 , 000 ∫ 0 5 t e − 0.035 t d t . Let u = 50 , 000 t and d v = e − 0.035 t d t . Then, d u d t = 50 , 000 ( 1 ) d u d t = 50 , 000 d u = 50 , 000 d t ∫ d v = ∫ e − 0.035 t d t v = − e − 0.035 t 0.035 Substitute the corresponding values in the above formula and simplify further. ∫ 50 , 000 t e − 0.035 t d t = 50 , 000 t ( − e − 0.035 t 0.035 ) − ∫ ( − e − 0.035 t 0.035 ) 50 , 000 d t = 50 , 000 t ( − e − 0

Finite Mathematics and Calculus with Applications (10th Edition)

10th Edition

ISBN: 9780321979407

Author: Margaret L. Lial, Raymond N. Greenwell, Nathan P. Ritchey

Publisher: PEARSON

See similar textbooks

Videos

Question

Chapter 16.3, Problem 2YT

To determine

To find: The present value of f(t)=50,000t for 5 years at the rate of interest is 3.5%.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Chapter 16.3, Problem 1YT

Chapter 16.3, Problem 3YT

Chapter 16 Solutions

Finite Mathematics and Calculus with Applications (10th Edition)

Ch. 16.1 - Find xe2xdx.Ch. 16.1 - Find ln2xdx.Ch. 16.1 - Prob. 3YT Ch. 16.1 - Find 1ex2lnxdx.Ch. 16.1 - Prob. 5YT Ch. 16.1 - Prob. 1WE Ch. 16.1 - Find the following. W2.(3x52x3)dx Ch. 16.1 - Find the following. W3.(x23+1x)dx Ch. 16.1 - Prob. 4WE Ch. 16.1 - Use integration by parts to find the integrals in...

Ch. 16.1 - Prob. 6WE Ch. 16.1 - Use integration by parts to find the integrals in...Ch. 16.1 - Use integration by parts to find the integrals in...Ch. 16.1 - Prob. 3E Ch. 16.1 - Prob. 4E Ch. 16.1 - Prob. 5E Ch. 16.1 - Use integration by parts to find the integrals in...Ch. 16.1 - Prob. 7E Ch. 16.1 - Prob. 8E Ch. 16.1 - Prob. 9E Ch. 16.1 - Prob. 10E Ch. 16.1 - Prob. 11E Ch. 16.1 - Prob. 12E Ch. 16.1 - Prob. 13E Ch. 16.1 - Prob. 14E Ch. 16.1 - Prob. 15E Ch. 16.1 - Prob. 16E Ch. 16.1 - Prob. 17E Ch. 16.1 - Prob. 18E Ch. 16.1 - Prob. 19E Ch. 16.1 - Exercises 1322 are mixedsome require integration...Ch. 16.1 - Prob. 21E Ch. 16.1 - Prob. 22E Ch. 16.1 - Prob. 23E Ch. 16.1 - Prob. 24E Ch. 16.1 - Prob. 25E Ch. 16.1 - Prob. 26E Ch. 16.1 - Prob. 27E Ch. 16.1 - Prob. 28E Ch. 16.1 - What rule of differentiation is related to...Ch. 16.1 - Prob. 30E Ch. 16.1 - Suppose that u and v are differentiable functions...Ch. 16.1 - Prob. 32E Ch. 16.1 - Prob. 33E Ch. 16.1 - Prob. 34E Ch. 16.1 - Prob. 35E Ch. 16.1 - Prob. 36E Ch. 16.1 - Prob. 37E Ch. 16.1 - Prob. 38E Ch. 16.1 - Prob. 39E Ch. 16.1 - Prob. 40E Ch. 16.1 - Prob. 41E Ch. 16.1 - Prob. 42E Ch. 16.1 - Prob. 43E Ch. 16.1 - Prob. 44E Ch. 16.2 - Prob. 1YT Ch. 16.2 - Prob. 2YT Ch. 16.2 - Prob. 1WE Ch. 16.2 - Prob. 2WE Ch. 16.2 - Prob. 3WE Ch. 16.2 - Prob. 4WE Ch. 16.2 - Prob. 5WE Ch. 16.2 - Prob. 6WE Ch. 16.2 - Prob. 1E Ch. 16.2 - Prob. 2E Ch. 16.2 - Prob. 3E Ch. 16.2 - Prob. 4E Ch. 16.2 - Prob. 5E Ch. 16.2 - Prob. 6E Ch. 16.2 - Prob. 7E Ch. 16.2 - Prob. 8E Ch. 16.2 - Prob. 9E Ch. 16.2 - Prob. 10E Ch. 16.2 - Prob. 11E Ch. 16.2 - Prob. 12E Ch. 16.2 - Prob. 13E Ch. 16.2 - Prob. 14E Ch. 16.2 - Prob. 15E Ch. 16.2 - Prob. 16E Ch. 16.2 - Prob. 17E Ch. 16.2 - Prob. 18E Ch. 16.2 - Prob. 19E Ch. 16.2 - Prob. 20E Ch. 16.2 - Prob. 21E Ch. 16.2 - Prob. 22E Ch. 16.2 - Prob. 23E Ch. 16.2 - Prob. 24E Ch. 16.2 - Prob. 25E Ch. 16.2 - Prob. 26E Ch. 16.2 - Prob. 27E Ch. 16.2 - Prob. 28E Ch. 16.2 - Prob. 29E Ch. 16.2 - Prob. 30E Ch. 16.2 - Prob. 31E Ch. 16.2 - Prob. 32E Ch. 16.2 - Prob. 33E Ch. 16.2 - Prob. 34E Ch. 16.2 - Prob. 35E Ch. 16.2 - Prob. 36E Ch. 16.2 - Prob. 37E Ch. 16.2 - Prob. 38E Ch. 16.2 - Prob. 39E Ch. 16.2 - Prob. 40E Ch. 16.2 - Prob. 41E Ch. 16.2 - Prob. 42E Ch. 16.2 - Prob. 43E Ch. 16.2 - Typing Speed The function W(t)=3.75t2+30t+40...Ch. 16.2 - Prob. 45E Ch. 16.3 - Prob. 1YT Ch. 16.3 - Prob. 2YT Ch. 16.3 - Prob. 3YT Ch. 16.3 - Prob. 4YT Ch. 16.3 - Prob. 1WE Ch. 16.3 - Prob. 2WE Ch. 16.3 - Prob. 3WE Ch. 16.3 - Prob. 4WE Ch. 16.3 - Each of the functions in Exercises 114 represents...Ch. 16.3 - Prob. 2E Ch. 16.3 - Prob. 3E Ch. 16.3 - Prob. 4E Ch. 16.3 - Prob. 5E Ch. 16.3 - Each of the functions in Exercises 114 represents...Ch. 16.3 - Prob. 7E Ch. 16.3 - Prob. 8E Ch. 16.3 - Each of the functions in Exercises 114 represents...Ch. 16.3 - Prob. 10E Ch. 16.3 - Prob. 11E Ch. 16.3 - Prob. 12E Ch. 16.3 - Prob. 13E Ch. 16.3 - Prob. 14E Ch. 16.3 - Prob. 15E Ch. 16.3 - Prob. 16E Ch. 16.3 - Prob. 17E Ch. 16.3 - Prob. 18E Ch. 16.3 - Present Value A money market fund has a continuous...Ch. 16.3 - Accumulated Amount of Money Flow Find the amount...Ch. 16.4 - Prob. 1YT Ch. 16.4 - Prob. 2YT Ch. 16.4 - Prob. 1WE Ch. 16.4 - Prob. 2WE Ch. 16.4 - Prob. 3WE Ch. 16.4 - Prob. 4WE Ch. 16.4 - Prob. 1E Ch. 16.4 - Prob. 2E Ch. 16.4 - Prob. 3E Ch. 16.4 - Prob. 4E Ch. 16.4 - Prob. 5E Ch. 16.4 - Prob. 6E Ch. 16.4 - Prob. 7E Ch. 16.4 - Prob. 8E Ch. 16.4 - Prob. 9E Ch. 16.4 - Prob. 10E Ch. 16.4 - Prob. 11E Ch. 16.4 - Prob. 12E Ch. 16.4 - Prob. 13E Ch. 16.4 - Prob. 14E Ch. 16.4 - Prob. 15E Ch. 16.4 - Prob. 16E Ch. 16.4 - Prob. 17E Ch. 16.4 - Prob. 18E Ch. 16.4 - Prob. 19E Ch. 16.4 - Prob. 20E Ch. 16.4 - Prob. 21E Ch. 16.4 - Prob. 22E Ch. 16.4 - Prob. 23E Ch. 16.4 - Prob. 24E Ch. 16.4 - Determine whether each improper integral converges...Ch. 16.4 - Prob. 26E Ch. 16.4 - Prob. 27E Ch. 16.4 - Prob. 28E Ch. 16.4 - Determine whether each improper integral converges...Ch. 16.4 - Prob. 30E Ch. 16.4 - Prob. 31E Ch. 16.4 - Prob. 32E Ch. 16.4 - Prob. 33E Ch. 16.4 - Prob. 34E Ch. 16.4 - Prob. 35E Ch. 16.4 - Prob. 36E Ch. 16.4 - Prob. 37E Ch. 16.4 - Prob. 38E Ch. 16.4 - Prob. 39E Ch. 16.4 - Prob. 40E Ch. 16.4 - Prob. 41E Ch. 16.4 - Prob. 42E Ch. 16.4 - Prob. 43E Ch. 16.4 - Prob. 44E Ch. 16.4 - Prob. 45E Ch. 16.4 - Prob. 46E Ch. 16.4 - Prob. 47E Ch. 16.4 - Prob. 48E Ch. 16.4 - Prob. 49E Ch. 16.4 - Prob. 50E Ch. 16.4 - Prob. 51E Ch. 16.4 - Prob. 52E Ch. 16.4 - Radioactive Waste The rate at which radioactive...Ch. 16.4 - Prob. 54E Ch. 16.5 - Find all solutions of the differential equation...Ch. 16.5 - Prob. 2YT Ch. 16.5 - Prob. 3YT Ch. 16.5 - In Example 6, find the goat population in 5 years...Ch. 16.5 - Prob. 1WE Ch. 16.5 - Prob. 2WE Ch. 16.5 - Prob. 3WE Ch. 16.5 - Prob. 4WE Ch. 16.5 - Prob. 5WE Ch. 16.5 - Prob. 1E Ch. 16.5 - Prob. 2E Ch. 16.5 - Prob. 3E Ch. 16.5 - Prob. 4E Ch. 16.5 - Prob. 5E Ch. 16.5 - Prob. 6E Ch. 16.5 - Prob. 7E Ch. 16.5 - Prob. 8E Ch. 16.5 - Prob. 9E Ch. 16.5 - Prob. 10E Ch. 16.5 - Prob. 11E Ch. 16.5 - Prob. 12E Ch. 16.5 - Prob. 13E Ch. 16.5 - Prob. 14E Ch. 16.5 - Prob. 15E Ch. 16.5 - Prob. 16E Ch. 16.5 - Prob. 17E Ch. 16.5 - Prob. 18E Ch. 16.5 - Prob. 19E Ch. 16.5 - Find the particular solution for each initial...Ch. 16.5 - Prob. 21E Ch. 16.5 - Prob. 22E Ch. 16.5 - Prob. 23E Ch. 16.5 - Prob. 24E Ch. 16.5 - Prob. 25E Ch. 16.5 - Prob. 26E Ch. 16.5 - Prob. 27E Ch. 16.5 - Prob. 28E Ch. 16.5 - Find the particular solution for each initial...Ch. 16.5 - Prob. 30E Ch. 16.5 - Prob. 31E Ch. 16.5 - Prob. 32E Ch. 16.5 - Prob. 33E Ch. 16.5 - Prob. 34E Ch. 16.5 - Prob. 35E Ch. 16.5 - Prob. 36E Ch. 16.5 - Suppose that 0 y0 N. Let b = (N y0)/y0, and let...Ch. 16.5 - Prob. 38E Ch. 16.5 - Prob. 39E Ch. 16.5 - Prob. 40E Ch. 16.5 - Prob. 41E Ch. 16.5 - Prob. 42E Ch. 16.5 - Prob. 43E Ch. 16.5 - Prob. 45E Ch. 16.5 - Prob. 46E Ch. 16.5 - Soil Moisture The evapotranspiration index I is a...Ch. 16.5 - Fish Population An isolated fish population is...Ch. 16.5 - Prob. 49E Ch. 16.5 - Prob. 50E Ch. 16.5 - Prob. 53E Ch. 16.5 - Prob. 54E Ch. 16.5 - Prob. 55E Ch. 16.5 - Worker Productivity A company has found that the...Ch. 16.5 - Spread of a Rumor Suppose the rate at which a...Ch. 16.5 - Prob. 59E Ch. 16.5 - Prob. 60E Ch. 16.5 - Prob. 61E Ch. 16.5 - Prob. 62E Ch. 16.5 - Prob. 63E Ch. 16.5 - Prob. 64E Ch. 16 - Determine whether each of the following statements...Ch. 16 - Determine whether each of the following statements...Ch. 16 - Determine whether each of the following statements...Ch. 16 - Prob. 4RE Ch. 16 - Determine whether each of the following statements...Ch. 16 - Determine whether each of the following statements...Ch. 16 - Determine whether each of the following statements...Ch. 16 - Prob. 8RE Ch. 16 - Prob. 9RE Ch. 16 - Prob. 10RE Ch. 16 - Prob. 11RE Ch. 16 - Prob. 12RE Ch. 16 - Prob. 13RE Ch. 16 - Prob. 14RE Ch. 16 - Prob. 15RE Ch. 16 - Compare finding the average value of a function...Ch. 16 - Prob. 17RE Ch. 16 - Prob. 18RE Ch. 16 - Prob. 19RE Ch. 16 - Prob. 20RE Ch. 16 - Prob. 21RE Ch. 16 - Prob. 22RE Ch. 16 - Prob. 23RE Ch. 16 - Prob. 24RE Ch. 16 - Prob. 25RE Ch. 16 - Prob. 26RE Ch. 16 - Find each integral, using techniques from this or...Ch. 16 - Prob. 28RE Ch. 16 - Prob. 29RE Ch. 16 - Prob. 30RE Ch. 16 - Prob. 31RE Ch. 16 - Prob. 32RE Ch. 16 - Prob. 33RE Ch. 16 - Prob. 34RE Ch. 16 - Prob. 35RE Ch. 16 - Prob. 36RE Ch. 16 - Prob. 37RE Ch. 16 - Prob. 38RE Ch. 16 - Prob. 39RE Ch. 16 - Prob. 40RE Ch. 16 - Prob. 41RE Ch. 16 - Prob. 42RE Ch. 16 - Prob. 43RE Ch. 16 - Prob. 44RE Ch. 16 - Prob. 45RE Ch. 16 - Prob. 46RE Ch. 16 - Prob. 47RE Ch. 16 - Prob. 48RE Ch. 16 - Prob. 49RE Ch. 16 - Prob. 50RE Ch. 16 - Prob. 51RE Ch. 16 - Prob. 52RE Ch. 16 - Prob. 53RE Ch. 16 - Prob. 54RE Ch. 16 - Prob. 55RE Ch. 16 - Prob. 56RE Ch. 16 - Prob. 57RE Ch. 16 - Prob. 58RE Ch. 16 - Prob. 59RE Ch. 16 - Prob. 60RE Ch. 16 - Prob. 61RE Ch. 16 - Prob. 62RE Ch. 16 - Prob. 63RE Ch. 16 - Prob. 64RE Ch. 16 - Prob. 65RE Ch. 16 - Prob. 66RE Ch. 16 - Prob. 67RE Ch. 16 - Prob. 68RE Ch. 16 - Prob. 69RE Ch. 16 - Prob. 70RE Ch. 16 - Prob. 71RE Ch. 16 - Prob. 72RE Ch. 16 - Prob. 73RE Ch. 16 - Prob. 74RE Ch. 16 - Prob. 75RE Ch. 16 - Prob. 76RE Ch. 16 - Prob. 77RE Ch. 16 - Prob. 78RE Ch. 16 - Prob. 79RE Ch. 16 - Prob. 80RE Ch. 16 - Prob. 81RE Ch. 16 - Prob. 82RE Ch. 16 - Prob. 83RE Ch. 16 - Prob. 84RE Ch. 16 - Prob. 85RE Ch. 16 - Growth of a Mite Population A population of mites...Ch. 16 - Prob. 87RE Ch. 16 - Prob. 88RE Ch. 16 - Prob. 89RE Ch. 16 - Prob. 91RE Ch. 16 - Prob. 92RE Ch. 16 - Average Temperatures Suppose the temperature...Ch. 16 - Prob. 94RE Ch. 16 - Prob. 95RE

Knowledge Booster

$Calculus$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.

The present value of f ( t ) = 50 , 000 t for 5 years at the rate of interest is 3.5%.

Solution Summary: The author calculates the present value of 556,653.06 at a rate of interest of 3.5%.

Videos

To find: The present value of f(t)=50,000t for 5 years at the rate of interest is 3.5%.

Want to see the full answer?

Chapter 16 Solutions