Suppose that the output of the machinery in a factory can be considered as a continuous income stream with an annual rate of flow at time t given by
in thousands of dollars per year. If the annual interest rate is 4% compounded continuously, find the capital value of the machinery. Round your answer to the nearest dollar.
A) $4,406,250
B) $1,175,000
C) $1,958,333
D) $6,462,500
E) $2,937,500
Correct Answer:
Verified
Q150: In a manufacturing process involving several machines,
Q151: Evaluate the integral Q152: Find the mean of the probability distribution Q153: Evaluate the improper integral if it converges, Q154: Evaluate the improper integral if it converges, Q156: The probability density function for the life Q157: For what value of a is Q158: Find the area, if it exists, of Q159: Suppose that the rate at which a Q160: Evaluate the integral ![]()
![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents