Suppose That the Output of the Machinery in a Factory

question 121

Multiple Choice

Suppose that the output of the machinery in a factory can be considered as a continuous income stream with an annual rate of flow at time t given by in thousands of dollars per year. If the annual interest rate is 4% compounded continuously, find the capital value of the machinery. Round your answer to the nearest dollar. ​

• A)$4,406,250
• B)$1,175,000
• C)$1,958,333
• D)$6,462,500
• E)$2,937,500

---

Definitions:

Marketing Approach

Strategies and tactics used by companies to promote, sell, and distribute a product or service to consumers.

Critical Thinking

A systematic scrutiny and appraisal of a subject to develop an informed verdict.

Self-Regulated System-2

Refers to the conscious, reflective, and deliberative aspect of cognition controlling thoughts, emotions, and actions.

Anchoring with Adjustment

A cognitive bias where initial information serves as an anchor and subsequent decisions are adjusted around this anchor, though often not enough.