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13 Nov 2019
Math 1190 Written Submission 4 Name: Present all relevant work in your own handwriting in the space provided for each problem. In order to be graded, your work must be neatly written, legible in the PDF and submitted according to the Written Assignment submission instructions in both the syllabus and the Written Assignment instructions in Blackboard. NO CREDIT will be given for correct answers without both algebraically correct work that directly and strongly supports your answer and sufficient calculus-based supporting work. Where necessary, your answers must be presented using grammatically correct, complete English sentences. . (10 pts) A business is planning to purchase a piece of equipment that will produce a continuous stream of income for 8 years with rate of flow f(t) -9,000. If the continuous income stream earns 6.85%, compounded continuously, what single deposit into an account carning the same interest rate will produce the same future value as the continuous income stream? This deposit is called the present value of the continuous income stream.
Math 1190 Written Submission 4 Name: Present all relevant work in your own handwriting in the space provided for each problem. In order to be graded, your work must be neatly written, legible in the PDF and submitted according to the Written Assignment submission instructions in both the syllabus and the Written Assignment instructions in Blackboard. NO CREDIT will be given for correct answers without both algebraically correct work that directly and strongly supports your answer and sufficient calculus-based supporting work. Where necessary, your answers must be presented using grammatically correct, complete English sentences. . (10 pts) A business is planning to purchase a piece of equipment that will produce a continuous stream of income for 8 years with rate of flow f(t) -9,000. If the continuous income stream earns 6.85%, compounded continuously, what single deposit into an account carning the same interest rate will produce the same future value as the continuous income stream? This deposit is called the present value of the continuous income stream.
Irving HeathcoteLv2
8 May 2019