The function in exercise represents the rate of flow of money in dollars per year. assume a 10-year period at 8% compounded continuously and find the following: (a) the present value; (b) the accumulated amount of money flow at t=10.
f(t)=2000

a)

b)

Step-by-step explanation:

Given Data:

Interest rate=  per year

No. of years=

Rate of continuous money flow is given by the function

a) to find the present value of money

Put f(t)=2000 and n=10 years and r=0.08

Now integrate

(b) to find the accumulated amount of money at t=10

Where P is the present worth already calculated in part a

step-by-step explanation:

try remembering the steps

b