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A Continuous Income Stream Has an Annual Rate of Flow

Question 5

Multiple Choice

A continuous income stream has an annual rate of flow at time t given by A continuous income stream has an annual rate of flow at time t given by   (dollars per year) . Find the present value of this income stream for the next 9 years, if the money is worth 4% compounded continuously. Round to the nearest dollar. ​ A)  $47,664 B)  $107,767 C)  $178,262 D)  $147,471 E)  $81,028 (dollars per year) . Find the present value of this income stream for the next 9 years, if the money is worth 4% compounded continuously. Round to the nearest dollar. ​


A) $47,664
B) $107,767
C) $178,262
D) $147,471
E) $81,028

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