Question

Find the total value of the given income stream over the interval 0 ≤ t ≤10 years: R(t) = 80,000 + 2,000t A) $900,000 B) $850,000 C) $700,000 D) $2,500,000 E) $1,500,000

Continuing with the previous problem what is the future value of the income stream at the end of the interval if annual interest is 8%? A) $2, 328, 562.67 B) $2,152, 244, 27 C) $1,092,559.39 D) $977,992.01 E ) $1, 358, 522.47

Answer 1