Question
the time index t runs from a to A.
if an investment produced a continuous stream of income over 10 years at a rate of $20,000 per year and the interest rate is 6% per year continuously compounded. what is the present value? what is the integral function?
if an investment produced a continuous stream of income over 10 years at a rate of $20,000 per year and the interest rate is 6% per year continuously compounded. what is the present value? what is the integral function?
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