Question

Suppose that a steel company views the production of its continuous caster as a continuous income...

Suppose that a steel company views the production of its continuous caster as a continuous income stream with a monthly rate of flow at time t given by f(t) = 12,000e0.03t (dollars per month). Find the total income from this caster in the first year. (Round your answer to the nearest dollar.)

Math   Calculus   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Suppose that a printing firm considers its production as a continuous income stream. If the annual...
Suppose that a printing firm considers its production as a continuous income stream. If the annual rate of flow at time t is given by f(t) = 91.5e−0.8(t + 3) in thousands of dollars per year, and if money is worth 8% compounded continuously, find the present value and future value (in dollars) of the presses over the next 10 years. (Round your answers to the nearest dollar.) present value$ = future value$ =
Future Value of an Investment An investment is projected to generate a continuous revenue stream at...
Future Value of an Investment An investment is projected to generate a continuous revenue stream at the rate of R(t) = 50,000e0.03t dollars/year for the next 3 years. If the income stream is invested in a bank that pays interest at the rate of 5.5%/yearcompounded continuously, find the total accumulated value (in dollars) of this income stream at the end of 3 years. (Round your answer to the nearest dollar.)
39. Suppose a continuous income stream has an annual rate of flow given by: f(t) =...
39. Suppose a continuous income stream has an annual rate of flow given by: f(t) = 5000e^(-.01t). If the interest rate is 7%, compounded continuously, create the integral to solve:    a) The Total Income for the next 5 year b) Present Value for the next 5 year c) Future Value 5 years from now
Find the present value P of a continuous income flow of c(t) dollars per year using...
Find the present value P of a continuous income flow of c(t) dollars per year using P = t1 c(t)e−rt dt, 0 where t1 is the time in years and r is the annual interest rate compounded continuously. (Round your answer to the nearest dollar.) c(t) = 100,000 + 4000t, r = 5%, t1 = 8
Find the accumulates present value of the following continuous income stream at rate​ R(t), for the...
Find the accumulates present value of the following continuous income stream at rate​ R(t), for the given time T and interest rate​ k, compounded continuously R(t)=0.01t+100, T=10, k=4% Round to nearest cent as needed
find the accumulated present value of the following continuous income stream at rate R(t), for the...
find the accumulated present value of the following continuous income stream at rate R(t), for the given time T and interest rate k, compounded continuously. R(t)=.06t+400, T=10, k=8
the monthly income I, in dollars, from a new product is given by I(t) = 8900...
the monthly income I, in dollars, from a new product is given by I(t) = 8900 - 6500e-0.007t where t is the time, in months, since the product was first put on the market. (a) What was the monthly income after the 10th month and after the 100th month? Round to nearest cent. (b) What will the monthly income from the product appraoch as the time increases without bound?
Find the interest earned at 6.25% interest rate compounded continuously for 4 years, of the continuous...
Find the interest earned at 6.25% interest rate compounded continuously for 4 years, of the continuous income stream with rate of flow f(t)=1650e-.02t
Find the total value TV of the given income stream and also find its future value...
Find the total value TV of the given income stream and also find its future value FV (at the end of the given interval) using the given interest rate. HINT [See Examples 4, 5.] (Round your answers to the nearest cent.) R(t) = 30,000, 0 ≤ t ≤ 20, at 4% TV = $ FV = $
An investment produces a continuous income stream at the rate of ?(?) = 3000 − 50?...
An investment produces a continuous income stream at the rate of ?(?) = 3000 − 50? dollars per year at time ?. If the prevailing annual interest rate remains fixed during the next 6 years at 5% compounded continuously, what is the present value of the investment over the next 6 years?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT