Each of the functions in Exercises represents the rate of flow of money in dollars per year.
Question:
Each of the functions in Exercises represents the rate of flow of money in dollars per year. Assume a 10-year period at 8% compounded continuously and find the following:
(a) The present value;
(b) The accumulated amount of money flow at T = 10.
ƒ(t) = 1000t - 100t2
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t 1000t 100t 2 a From Exercise 13 we know that Evaluate ...View the full answer
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