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