Present Value of a Continuous Stream of Income

Multiple Choice

Present Value of a Continuous Stream of Income.An electronics company generates a continuous stream of 4t income of million dollars per year,where t is the number of years that the company has been in operation.Find the present value of this stream of income over the first 15 years at a continuous interest rate of 10%.Round answer to one decimal place. ​

A) $407.2 million
B) $176.9 million
C) $497.3 million
D) $1296.3 million
E) $324.1 million