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The function in Exercise represents the rate of flow of money in dollars per year. Assume a 10-year period at 8% compounded continuously and find the following: (a) the present value; (b) the accumulated amount of money flow at t=10.

f(t)=1000e-0.02t

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Answer:

Please see attachment

Explanation:

Please see attachment

The function in Exercise represents the rate of flow of money in dollars per year-example-1
The function in Exercise represents the rate of flow of money in dollars per year-example-2
User Patrik Nordwall
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