Suppose that the profit from a machine's production can be considered as a continuous income stream with annual rate of flow at time t given by (dollars per year). If money is worth 14%, compounded continuously, find the present value of this stream over the next 5 years. Round your answer to the nearest dollar.
A)$26,730
B)$52,226
C)$35,579
D)$28,485
E)$39,326

Question

Suppose that the profit from a machine's production can be considered as a continuous income stream with annual rate of flow at time t given by  (dollars per year). If money is worth 14%, compounded continuously, find the present value of this stream over the next 5 years. Round your answer to the nearest dollar. ​
A)$26,730 
B)$52,226 
C)$35,579 
D)$28,485 
E)$39,326

Quizplus · Accepted Answer

The Answer of Suppose that the profit from a machine's production can be considered as a continuous income stream with annual rate of flow at time t given by  (dollars per year). If money is worth 14%, compounded continuously, find the present value of this stream over the next 5 years. Round your answer to the nearest dollar. ​
A)$26,730 
B)$52,226 
C)$35,579 
D)$28,485 
E)$39,326

Suppose That the Profit from a Machine's Production Can Be