Question

Find the future value of a continuous income stream:
R(t)= 25,000 , 0 13 years ago

Answer 1

\[\int\limits_{0}^{12}25000e^{0.04(12-t)} dt\]

Answer 2

I plugged that in and got 385047 and it said it was wrong:(!! im freaking out

Answer 3

hmm do u have options or something?

Answer 4

nope. I just have to use the formula and find the value

Answer 5

385046.50 .. i got this which is pretty near to urs.

Answer 6

OMG THAT WAS RIGHT THANK YOU!

Answer 7

lol i am glad.. and you're welcome.