Find the total value TV of the given income stream and also find its future value FV (at the end of the given interval) using the given interest rate. (Round your answers to the nearest cent.) R(t) = 24,000, 0 sts 18, at 4% TV = $ 432,000 FV = $ 632,659.9

College Algebra
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ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section4.1: Exponential Functions
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Find the total value TV of the given income stream and also find its future value FV (at the end of the given interval) using the given interest rate. (Round your answers to the nearest cent.)
R(t) = 24,000, 0 sts 18, at 4%
TV = $ 432,000
FV = $ 632,659.9
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Transcribed Image Text:Find the total value TV of the given income stream and also find its future value FV (at the end of the given interval) using the given interest rate. (Round your answers to the nearest cent.) R(t) = 24,000, 0 sts 18, at 4% TV = $ 432,000 FV = $ 632,659.9 Reload this nage
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