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Find the Total Value of the Given Income Stream and Also

Question 79

Essay

Find the total value of the given income stream and also find its future value (at the end of the given interval) using the given interest rate.
R(t)=20,000+3,000tR ( t ) = 20,000 + 3,000 t , 0t150 \leq t \leq 15 , at 10%

Please enter your answer in the form TV = , FV = . Round FV to the nearest cent.

TV = $__________ FV = $__________

Correct Answer:

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