The present value (in dollars)of a continuous flow of income of P dollars a year for t years at a rate of 100r percent compounded continuously is given by
.Evaluate this integral if

and
Give your answer in terms of e.

Question

The present value (in dollars)of a continuous flow of income of P dollars a year for t years at a rate of 100r percent compounded continuously is given by  
.Evaluate this integral if  
  
and  
Give your answer in terms of e.

Quizplus · Accepted Answer

The Answer of The present value (in dollars)of a continuous flow of income of P dollars a year for t years at a rate of 100r percent compounded continuously is given by  
.Evaluate this integral if  
  
and  
Give your answer in terms of e.

The Present Value (In Dollars)of a Continuous Flow of Income