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Find the Total Value or the Given Income Stream and Also

Question 118

Essay

Find the total value or the given income stream and also find its future value (at the end of the given interval) using the given interest rate.
R(t)=40,000e0.04tR ( t ) = 40,000 e ^ { 0.04 t } , 0t200 \leq t \leq 20 , at 7%

Please enter your answer in the form TV = , FV = . Give the answers to the nearest cent.

TV = $__________ FV = $__________

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