Sales of Version 6.0 of a computer software package start out high and decrease exponentially. At time

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Sales of Version 6.0 of a computer software package start out high and decrease exponentially. At time t, in years, the sales are s(t) = 50,000e^−t dollars per year. After two years, Version 7.0 of the software is released and replaces Version 6.0. You can invest earnings at an interest rate of 6%, compounded continuously. Calculate the total present value of sales of Version 6.0 over the two-year period.

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Applied Calculus

ISBN: 9781119275565

6th Edition

Authors: Deborah Hughes Hallett, Patti Frazer Lock, Andrew M. Gleason, Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, William G. McCallum, Brad G. Osgood, Andrew Pasquale

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Question Posted: Apr 12, 2023 04:06 AM

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Sales of Version 6.0 of a computer software package start out high and decrease exponentially. At time

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At any time t the company receives income of st 50000e t dolla...View the full answer

Applied Calculus

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