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Mathematics 23 Online
OpenStudy (anonymous):

Can income be gained "continuously"? Suppose you are to be given $10,000 for one year as a lump sum, or $1,000 over ten intervals, or $100 over 100 intervals (always over one year). Assuming a 5% APR coinciding with each interval, can you construct a continuous income stream integral? Does each "part" of the integral make sense? you may need to use the formula for sum of a geometric series to help see the development.

OpenStudy (anonymous):

"as you would probably know" i am here as a spectator with a posibility to assist

OpenStudy (anonymous):

lol go ahead

OpenStudy (anonymous):

notes are nice

OpenStudy (anonymous):

lol kk

OpenStudy (anonymous):

hehe

OpenStudy (anonymous):

umm is it use of continuous compound interest

OpenStudy (anonymous):

hehe

OpenStudy (anonymous):

lol that was helpful

OpenStudy (anonymous):

what did i do?

OpenStudy (anonymous):

pippa "nothing"

OpenStudy (anonymous):

hehe nothing

OpenStudy (anonymous):

okies A(t)= lim Ao (1 + r/n ) ^nt= lim Ao [ (1+ r/n) ^n/r ] ^rt n-> ∞ n->∞

OpenStudy (anonymous):

this 1 work?

OpenStudy (anonymous):

pretend the "o" is a zero

OpenStudy (anonymous):

i just made it to look smaller to acommodate the looks

OpenStudy (turingtest):

I'm sorry I was headed to bed, too late for this problem. I wads hoping it would be something I knew offhand. Good luck!

OpenStudy (anonymous):

lol thanks neways :D

OpenStudy (anonymous):

so the use of my formula was wrong again :D

OpenStudy (anonymous):

y am i so happy about it -.-

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