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Find the Total Value of the Given Income Stream and Also

Question 17

Multiple Choice

Find the total value of the given income stream and also find its future value (at the end of the given interval) using the given interest rate. R(t) =70,000R ( t ) = 70,000 , 0t150 \leq t \leq 15 , at 6%


A) TV=$1,050,000T V = \$ 1,050,000 , FV=$1,702,870.30F V = \$ 1,702,870.30
B) TV=$1,050,000T V = \$ 1,050,000 , FV=$4,036,203.63F V = \$ 4,036,203.63
C) TV=$1,050,000T V = \$ 1,050,000 , FV=$2,869,536.96F V = \$ 2,869,536.96
D) TV=$2,100,000T V = \$ 2,100,000 , FV=$102,172.22F V = \$ 102,172.22
E) TV=$525,000T V = \$ 525,000 , FV=$1,640,997.94F V = \$ 1,640,997.94

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