Question: A charitable organization receives donations from a corporate trust continually at the rate of f ( t ) = 6000 e 0.01 t dollars per
A charitable organization receives donations from a corporate trust continually at the rate of
f(t) = 6000e0.01t
dollars per year t years from now. If the money is invested at 5.5% interest (compounded continuously) and the donations continue indefinitely, what is the present value of the income? (Round your answer to two decimal places.)
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