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12 Nov 2019
If the yearly flow of money into an investment is given by R(t), then the future value of the continuous money flow at interest rate k, compounded continuously, over T years is given by ?T0R(t)?ekt?t.
Find the future value of a continuous money flow if $1,000 per year flows at a constant rate into an account paying 10%, compounded annually, for 5 years.
If the yearly flow of money into an investment is given by R(t), then the future value of the continuous money flow at interest rate k, compounded continuously, over T years is given by ?T0R(t)?ekt?t.
Find the future value of a continuous money flow if $1,000 per year flows at a constant rate into an account paying 10%, compounded annually, for 5 years.
Reid WolffLv2
3 Apr 2019
