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Recall That the Capital Value of an Asset Is Given 0K(t)ertdt\int _ { 0 } ^ { \infty } \mathrm { K } ( \mathrm { t } ) \mathrm { e } ^ { - r \mathrm { t } } \mathrm { dt }

Question 172

Short Answer

Recall that the capital value of an asset is given by 0K(t)ertdt\int _ { 0 } ^ { \infty } \mathrm { K } ( \mathrm { t } ) \mathrm { e } ^ { - r \mathrm { t } } \mathrm { dt } If the annual rate of earnings, K(t), of a certain machine is $3000 and if the interest rate is 12%, find the capital interest of the machine.
Enter just an integer representing dollars (no units).

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