Money is transferred into an account at the rate of R(t) = 3,000 + 5t dollars per
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Money is transferred into an account at the rate of R(t) = 3,000 + 5t dollars per year for 10 years, where t is the number of years after 2000. If the account pays 5% interest compounded continuously, how much will be in the account at the end of the 10-year investment period (in 2010)?
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FV So u 30005t and dVe005t dt du 5 dt V20e005t 3000 5te00 ...View the full answer
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Related Book For 
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
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