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The function F(X)= 700e^0.03x represents the rate of flow of money in dollars per year. Assume...

The function F(X)= 700e^0.03x represents the rate of flow of money in dollars per year. Assume a 10 year period at 5 percent compounded continuously. A. Find the present value B. the accumulated amount of money flow at t=10?

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Answer #1

PART(a):

The given rate of income function is,

The present value is given by,

after integrating,

PART(b):

The accumulated money is given by,

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