A continuous income stream has an annual rate of flow at time t given by (dollars per year). Find the present value of this income stream for the next 9 years, if the money is worth 4% compounded continuously. Round to the nearest dollar.
A)$47,664
B)$107,767
C)$178,262
D)$147,471
E)$81,028

Question

A continuous income stream has an annual rate of flow at time t given by  (dollars per year). Find the present value of this income stream for the next 9 years, if the money is worth 4% compounded continuously. Round to the nearest dollar. ​
A)$47,664 
B)$107,767 
C)$178,262 
D)$147,471 
E)$81,028

Quizplus · Accepted Answer

The Answer of A continuous income stream has an annual rate of flow at time t given by  (dollars per year). Find the present value of this income stream for the next 9 years, if the money is worth 4% compounded continuously. Round to the nearest dollar. ​
A)$47,664 
B)$107,767 
C)$178,262 
D)$147,471 
E)$81,028

A Continuous Income Stream Has an Annual Rate of Flow