An investment will generate income continuously at the constant rate of $2,300 per year for 5 years. If the prevailing annual interest rate remains fixed at 11% compounded continuously, what is the present value of the investment?

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The Answer of An investment will generate income continuously at the constant rate of $2,300 per year for 5 years. If the prevailing annual interest rate remains fixed at 11% compounded continuously, what is the present value of the investment?

An Investment Will Generate Income Continuously at the Constant Rate