Continuous money flow
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Intros
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Examples
Lessons
- Present and Future value
Patsy deposits $10000 into a savings account each year for a total of 10 years. If the account earns an interest rate of 10% compounded continuously:
i) Find the present value
ii) Find the future value
Suppose the revenue stream is the function , where is in years, for a total of 6 years. If the money can earn 3% annual interest compounded continuously:
i) Find the present value
ii) Find the future value
- Suppose the revenue stream is the function , where is in years, for a total of 5 years. If the money can earn 4% annual interest compounded continuously, find the present value.