Question: Find the present value P ( i n dollars ) o f a continuous income flow o f c ( t ) dollars per year

Find the present value P(in dollars)of a continuous income flow ofc(t) dollars per year using
P=0t1c(t)e-rtdt
where t1is the time in years and ris the annual interest rate compounded continuously. (Round your answer to the nearest dollar.)
c(t)=100,000+4,000t,r=5%,t1=8
$
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