Find the Total Value of the Given Income Stream and Also

question 2

Multiple Choice

Find the total value of the given income stream and also find its future value (at the end of the given interval) using the given interest rate. $R ( t ) = 80,000 + 2,000 t$ , $0 \leq t \leq 10$ , at 8%

• A) \(T V = \$ 900,000\) , \(F V = \$ 1,358,522.47\)
• B) \(T V = \$ 850,000\) , \(F V = \$ - 977,992.01\)
• C) \(T V = \$ 700,000\) , \(F V = \$ 1,092,559.39\)
• D) \(T V = \$ 2,500,000\) , \(F V = \$ 2,152,244.27\)
• E) \(T V = \$ 900,000\) , \(F V = \$ 2,358,522.47\)

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