Explanation Given Information: The expected income of company during next 10 years is given by c ( t ) = 20 , 000 t , for 0 ≤ t ≤ 10 and the annual rate of inflation is 5 % . Formula used: 1. If c ( t ) represents a continuous income function in dollars per year and the annual rate of inflation is r (in decimal form), then the present income over t years is given by Present value = ∫ 0 t c ( t ) e − r t d t 2. The integration by parts ∫ u d v = u v − ∫ v d u . Where, u and v are function of x . ∫ e a x d x = e a x a + C Calculation: Consider the provided information that the expected income of company during next 10 years is given by c ( t ) = 20 , 000 t , for 0 ≤ t ≤ 10 and annual rate of inflation is 5 % , i.e. r = 0.05 Now calculate the present value by using formula, Present value = ∫ 0 t c ( t ) e − r t d t , ∫ 0 10 20000 t e − 0.05 t d t = 20000 ∫ 0 10 t e − 0.05 t d t Consider the indefinite integral ∫ 0 10 t e − 0.05 t d t Here, d v = e − 0.05 t d t and u = t First find v , d v = e − 0.05 t d t ∫ d v = ∫ e − 0.05 t d t On further solving, v = − e − 0.05 t 0.05 …… (1) Find d u : u = t Differentiate both side with respect t ; d u d t = d t d t d u d t = 1 And, d u = 1 ⋅ d t …… (2) Apply integration by parts formula and substitute equation (1) and (2) in ∫ u d v = u v − ∫ v d u , ∫ t e − 0

Calculus: An Applied Approach (MindTap Course List)

10th Edition

ISBN: 9781305860919

Author: Ron Larson

Publisher: Cengage Learning

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Chapter 6.1, Problem 7CP

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To calculate: The present value of the income if the expected income of company during next 10 years is given by c(t)=20,000t, for 0≤t≤10 and the annual rate of inflation is 5%.

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Chapter 6.1, Problem 6CP

Chapter 6.1, Problem 1SWU

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Chapter 6 Solutions

Calculus: An Applied Approach (MindTap Course List)

Ch. 6.1 - Prob. 1CP Ch. 6.1 - Prob. 2CP Ch. 6.1 - Prob. 3CP Ch. 6.1 - Prob. 4CP Ch. 6.1 - Prob. 5CP Ch. 6.1 - Prob. 6CP Ch. 6.1 - Prob. 7CP Ch. 6.1 - Prob. 1SWU Ch. 6.1 - Prob. 2SWU Ch. 6.1 - Prob. 3SWU

Ch. 6.1 - Prob. 4SWU Ch. 6.1 - Prob. 5SWU Ch. 6.1 - Prob. 6SWU Ch. 6.1 - Prob. 7SWU Ch. 6.1 - Prob. 8SWU Ch. 6.1 - Prob. 9SWU Ch. 6.1 - Prob. 10SWU Ch. 6.1 - Prob. 1E Ch. 6.1 - Prob. 2E Ch. 6.1 - Prob. 3E Ch. 6.1 - Prob. 4E Ch. 6.1 - Integration by Parts In Exercises 5-16, use...Ch. 6.1 - Prob. 6E Ch. 6.1 - Integration by Parts In Exercises 5-16, use...Ch. 6.1 - Prob. 8E Ch. 6.1 - Integration by Parts In Exercises 5-16, use...Ch. 6.1 - Prob. 10E Ch. 6.1 - Integration by Parts In Exercises 5-16, use...Ch. 6.1 - Prob. 12E Ch. 6.1 - Integration by Parts In Exercises 5-16, use...Ch. 6.1 - Prob. 14E Ch. 6.1 - Integration by Parts In Exercises 5-16, use...Ch. 6.1 - Prob. 16E Ch. 6.1 - Prob. 17E Ch. 6.1 - Prob. 18E Ch. 6.1 - Prob. 19E Ch. 6.1 - Prob. 20E Ch. 6.1 - Finding an Indefinite Integral In Exercises 17-38,...Ch. 6.1 - Finding an Indefinite Integral In Exercises 17-38,...Ch. 6.1 - Prob. 23E Ch. 6.1 - Prob. 24E Ch. 6.1 - Finding an Indefinite Integral In Exercises 17-38,...Ch. 6.1 - Prob. 26E Ch. 6.1 - Prob. 27E Ch. 6.1 - Prob. 28E Ch. 6.1 - Prob. 29E Ch. 6.1 - Prob. 30E Ch. 6.1 - Prob. 31E Ch. 6.1 - Prob. 32E Ch. 6.1 - Prob. 33E Ch. 6.1 - Prob. 34E Ch. 6.1 - Prob. 35E Ch. 6.1 - Prob. 36E Ch. 6.1 - Finding an Indefinite Integral In Exercises 17-38,...Ch. 6.1 - Finding an Indefinite Integral In Exercises 17-38,...Ch. 6.1 - Prob. 39E Ch. 6.1 - Prob. 40E Ch. 6.1 - Prob. 41E Ch. 6.1 - Evaluating a Definite Integral In Exercises 39-46,...Ch. 6.1 - Prob. 43E Ch. 6.1 - Prob. 44E Ch. 6.1 - Prob. 45E Ch. 6.1 - Prob. 46E Ch. 6.1 - Prob. 47E Ch. 6.1 - Prob. 48E Ch. 6.1 - Prob. 49E Ch. 6.1 - Prob. 50E Ch. 6.1 - Prob. 51E Ch. 6.1 - Prob. 52E Ch. 6.1 - Verifying Formulas In Exercises 53 and 54, use...Ch. 6.1 - Verifying Formulas In Exercises 53 and 54, use...Ch. 6.1 - Prob. 55E Ch. 6.1 - Prob. 56E Ch. 6.1 - Prob. 57E Ch. 6.1 - Prob. 58E Ch. 6.1 - Prob. 59E Ch. 6.1 - Prob. 60E Ch. 6.1 - Prob. 61E Ch. 6.1 - Prob. 62E Ch. 6.1 - Prob. 63E Ch. 6.1 - Prob. 64E Ch. 6.1 - Prob. 65E Ch. 6.1 - Revenue A company sells a seasonal product. The...Ch. 6.1 - Prob. 67E Ch. 6.1 - Prob. 68E Ch. 6.1 - Prob. 69E Ch. 6.1 - Prob. 70E Ch. 6.1 - Prob. 71E Ch. 6.1 - Prob. 72E Ch. 6.1 - Prob. 73E Ch. 6.1 - Prob. 74E Ch. 6.1 - Prob. 75E Ch. 6.1 - Prob. 76E Ch. 6.1 - Prob. 77E Ch. 6.1 - Prob. 78E Ch. 6.1 - Prob. 79E Ch. 6.1 - Future Value In Exercises 79 and 80, find the...Ch. 6.1 - Prob. 81E Ch. 6.1 - Prob. 82E Ch. 6.2 - Checkpoint 1 Use the integration table in Appendix...Ch. 6.2 - Prob. 2CP Ch. 6.2 - Prob. 3CP Ch. 6.2 - Prob. 4CP Ch. 6.2 - Checkpoint 5 Use the integration table in Appendix...Ch. 6.2 - Prob. 6CP Ch. 6.2 - Prob. 1SWU Ch. 6.2 - Prob. 2SWU Ch. 6.2 - Prob. 3SWU Ch. 6.2 - Prob. 4SWU Ch. 6.2 - Prob. 5SWU Ch. 6.2 - Prob. 6SWU Ch. 6.2 - Prob. 1E Ch. 6.2 - Prob. 2E Ch. 6.2 - Using Integration Tables In Exercises 18, use the...Ch. 6.2 - Prob. 4E Ch. 6.2 - Prob. 5E Ch. 6.2 - Prob. 6E Ch. 6.2 - Prob. 7E Ch. 6.2 - Prob. 8E Ch. 6.2 - Prob. 9E Ch. 6.2 - Prob. 10E Ch. 6.2 - Prob. 11E Ch. 6.2 - Prob. 12E Ch. 6.2 - Prob. 13E Ch. 6.2 - 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Prob. 9E Ch. 6.3 - Using the Trapezoidal Rule and Simpsons Rule In...Ch. 6.3 - Prob. 11E Ch. 6.3 - Prob. 12E Ch. 6.3 - Prob. 13E Ch. 6.3 - Prob. 14E Ch. 6.3 - Prob. 15E Ch. 6.3 - Prob. 16E Ch. 6.3 - Prob. 17E Ch. 6.3 - Prob. 18E Ch. 6.3 - Prob. 19E Ch. 6.3 - Prob. 20E Ch. 6.3 - Prob. 31E Ch. 6.3 - Prob. 32E Ch. 6.3 - Prob. 33E Ch. 6.3 - Prob. 34E Ch. 6.3 - Prob. 35E Ch. 6.3 - Prob. 36E Ch. 6.3 - Prob. 37E Ch. 6.3 - Prob. 38E Ch. 6.3 - Prob. 39E Ch. 6.3 - Error Analysis In Exercises 37-40, use the error...Ch. 6.3 - Prob. 43E Ch. 6.3 - Electricity The table shows the residential prices...Ch. 6.3 - Prob. 45E Ch. 6.3 - Prob. 46E Ch. 6.3 - Prob. 47E Ch. 6.3 - Prob. 48E Ch. 6.4 - Prob. 1CP Ch. 6.4 - Prob. 2CP Ch. 6.4 - Prob. 3CP Ch. 6.4 - Prob. 4CP Ch. 6.4 - Prob. 5CP Ch. 6.4 - Prob. 1SWU Ch. 6.4 - Prob. 2SWU Ch. 6.4 - Prob. 3SWU Ch. 6.4 - Prob. 4SWU Ch. 6.4 - Prob. 5SWU Ch. 6.4 - Prob. 6SWU Ch. 6.4 - Prob. 7SWU Ch. 6.4 - Prob. 8SWU Ch. 6.4 - Prob. 9SWU Ch. 6.4 - Prob. 10SWU Ch. 6.4 - Prob. 1E Ch. 6.4 - 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Prob. 8RE Ch. 6 - Prob. 9RE Ch. 6 - Prob. 10RE Ch. 6 - Prob. 11RE Ch. 6 - Prob. 12RE Ch. 6 - Prob. 13RE Ch. 6 - Prob. 14RE Ch. 6 - Finding Present Value In Exercises 1316, find the...Ch. 6 - Prob. 16RE Ch. 6 - Prob. 17RE Ch. 6 - Prob. 18RE Ch. 6 - Prob. 19RE Ch. 6 - Prob. 20RE Ch. 6 - Prob. 21RE Ch. 6 - Prob. 22RE Ch. 6 - Prob. 23RE Ch. 6 - Prob. 24RE Ch. 6 - Prob. 25RE Ch. 6 - Prob. 26RE Ch. 6 - Prob. 27RE Ch. 6 - Prob. 28RE Ch. 6 - Prob. 29RE Ch. 6 - Prob. 30RE Ch. 6 - Prob. 31RE Ch. 6 - Prob. 32RE Ch. 6 - Prob. 33RE Ch. 6 - Prob. 34RE Ch. 6 - Prob. 35RE Ch. 6 - Prob. 36RE Ch. 6 - Prob. 37RE Ch. 6 - Prob. 38RE Ch. 6 - Prob. 39RE Ch. 6 - Prob. 40RE Ch. 6 - Prob. 41RE Ch. 6 - Prob. 42RE Ch. 6 - Prob. 43RE Ch. 6 - Prob. 44RE Ch. 6 - Prob. 45RE Ch. 6 - Prob. 46RE Ch. 6 - Prob. 47RE Ch. 6 - Prob. 48RE Ch. 6 - Prob. 49RE Ch. 6 - Prob. 50RE Ch. 6 - Prob. 51RE Ch. 6 - Prob. 52RE Ch. 6 - Prob. 53RE Ch. 6 - Prob. 54RE Ch. 6 - Prob. 55RE Ch. 6 - Prob. 56RE Ch. 6 - Prob. 57RE Ch. 6 - Prob. 58RE Ch. 6 - 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The present value of the income if the expected income of company during next 10 years is given by c ( t ) = 20 , 000 t , for 0 ≤ t ≤ 10 and the annual rate of inflation is 5 % .

Solution Summary: The author calculates the present value of the income if the expected income of company during next 10 years is given by c(t)=20,000t and the annual rate of inflation is 5%

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To calculate: The present value of the income if the expected income of company during next 10 years is given by c(t)=20,000t, for 0≤t≤10 and the annual rate of inflation is 5%.

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Chapter 6 Solutions