The income from an established chain of Laundromats is a continuous stream with its annual rate of

Question:

The income from an established chain of Laundromats is a continuous stream with its annual rate of flow at time t given by f (t)=630,000 (dollars per year). If money is worth 7% compounded continuously, find the present value and of this chain over the next 5 years.
Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...