Problem 3. Suppose that the output of the machinery in a factory can be considered as a continuous income stream with annual rate of flow at time
t
given by
f(t)=450e^(-0.09t)
(in thousands of dollars per year). If the annual interest is
6%
compounded continuously, find the capital value of the machinery.

Question

Problem 3. Suppose that the output of the machinery in a factory can be considered as a continuous income stream with annual rate of flow at time

t

given by

f(t)=450e^(-0.09t)

(in thousands of dollars per year). If the annual interest is

6%

compounded continuously, find the capital value of the machinery.

Accepted Answer

Expert Answer to - Problem 3. Suppose that the output of the machinery in a factory can be considered as a continuous i

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Solution for - Problem 3. Suppose that the output of the machinery in a factory can be considered as a continuous i

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This an additional answer to - Problem 3. Suppose that the output of the machinery in a factory can be considered as a continuous i

(Solved): Problem 3. Suppose that the output of the machinery in a factory can be considered as a continuous i ...