A Continuous Income Stream Has an Annual Rate of Flow

question 5

Multiple Choice

A continuous income stream has an annual rate of flow at time t given by (dollars per year) . Find the present value of this income stream for the next 9 years, if the money is worth 4% compounded continuously. Round to the nearest dollar. ​

• A) $47,664
• B) $107,767
• C) $178,262
• D) $147,471
• E) $81,028

---

Definitions:

Hazardous Wastes

Materials considered dangerous to humans or the environment due to their toxic, corrosive, or otherwise harmful properties, requiring special disposal methods to mitigate these risks.

Taxpayers

Individuals or entities that are required to pay taxes to a governing body, contributing to public revenue for governmental spending.

Leachate

Liquid that has percolated through a solid and leached out some of its constituents, often used in the context of water passing through waste material in landfills.

Contaminated Water

Water that has been polluted by chemical substances, bacteria, or other pathogens, making it unsafe for human consumption and use.