Fixed Income ETFs - ETF Categories - ETF Stream
Fixed Income ETFs - ETF Categories - ETF Stream
Mar 11, 2023
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SOLVED: A continuous income stream has an annual rate of flow at time t given byf(t) = 12,000e0.03t (dollars per year).If money is worth 6% compounded continuously, find the function that gives the present value PV from o to t yearsPV(t)=Find the present value of this stream for the next 7 years.(Round your answer to the nearest dollar.)11x
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