Question: Let function f with f (t) = 20t + 200 (in EUR) describe the annual rate of an income flow at time t continuously received
Let function f with
f (t) = 20t + 200
(in EUR) describe the annual rate of an income flow at time t continuously received over the years from time t = 0 to time t = 6. Interest is compounded continuously at a rate of 4 per cent p.a. Evaluate the present value at time zero.
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