1
answer
118
views
11
Problem

For access to Textbook Solutions, a Class+ or Grade+ subscription is required.

Textbook Expert
Textbook ExpertVerified Tutor
24 Nov 2021

Given information

The amount of capital that a company has at time is and the derivative , is the net investment flow.

The net investment flow is million dollars per year, that is, .

Step-by-step explanation

Step 1.

Net Change Theorem states that the integral of the rate of change is the net change, that is, .

The increase in capital from the fourth year to the eighth year is .

Using net change theorem, .

Unlock all Textbook Solutions

Already have an account? Log in
Start filling in the gaps now
Log in