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    Mathematics
  3. Study Set
    Applied Calculus
  4. Exam
    Exam 6: Antiderivatives and Applications
  5. Question
    What Is the Present Value of an Income Stream of $1000
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What Is the Present Value of an Income Stream of $1000

Question 13

Question 13

Short Answer

What is the present value of an income stream of $1000 per year for 10 years with an annual interest rate of 10%, compounded continuously? Round to the nearest dollar.

Correct Answer:

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