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  • 5 years ago

As a calculus student, you have also decided that this is a good time to pull your money out of the bank. 5 years ago, you worked out a scheme to put money in the bank each year according to the function R(t) = 10t + 10 where t is the number of years past your initial deposit at t = 0. (Consider that t = 5 has been reached.) You also chose a bank that has a continuously compounding interest rate of 8%. Your goal now is to find the accumulated present value of your account. (a)use the accumulated present value with a non- constant inflow of money R(t). Write the general form of equation down

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spraguer (Moderator)
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