Suppose that a company expects its annual profits t years from now to be f(t) dollars and

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Suppose that a company expects its annual profits t years from now to be f(t) dollars and that interest is considered to be compounded continuously at an annual rate r. Then the present value of all future profits can be shown to be
e

Find FP if r = 0.08 and f(t) = 100,000?

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Calculus

ISBN: 978-0131429246

9th edition

Authors: Dale Varberg, Edwin J. Purcell, Steven E. Rigdon

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