What is the future value of the income after ten years


An heiress receives an income stream from a will at a rate of f(t) = 30,000e0.025t dollars per year. She invests this income and earns 4.9% interest (compounded continuously). (Round your answers to two decimal places.) (a) What is the future value of the income after ten years? $ (b) Compute the present value of the income over a ten year period.

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Financial Management: What is the future value of the income after ten years
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