50. Income streams Suppose the present value of a con- tinuous income stream over the next 5 years is given by P = 9000 te-0.08t dt, P in dollars, t in years %3D Find the present value.

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Exponential And Logarithmic Functions
Section11.2: Applications Of Exponential Functions
Problem 29PS: What rate of interest to the nearest hundredth of percent is needed so that an investment of 2500...
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Using Integration by Parts to get a result $ 86,557.41

50. Income streams Suppose the present value of a con-
tinuous income stream over the next 5 years is given by
5
P = 9000
-0.081 dt, P in dollars, t in years
te
%3D
Find the present value.
Transcribed Image Text:50. Income streams Suppose the present value of a con- tinuous income stream over the next 5 years is given by 5 P = 9000 -0.081 dt, P in dollars, t in years te %3D Find the present value.
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