(a) ∫[0,4] 300000+750000t dt = 7,200,000
Now you can use that to find the present value
A professional athlete signs a four-year contract in which the earnings can be modeled by
c = 300,000 + 750,000t,
where t represents the year.
(a) Find the actual value of the athlete's contract.
(b) Assuming an annual inflation rate of 4%, what is the present value of the contract? (Round your answer to two decimal places.)
2 answers
I COULDNT FIND IT CAN YOU PLEASE HELP ME HERE ?
4 answers