Suppose That a Vending Machine Service Company Models Its Income

question 322

Multiple Choice

Suppose that a vending machine service company models its income by assuming that money flows continuously into the machines, with the annual rate of flow given by in thousands of dollars per year. Find the total income from the machines predicted by the model over the first 5 years. Round your answer to the nearest thousand dollars. ​

• A) $29,743,000
• B) $592,000
• C) $743,000
• D) $897,000
• E) $29,592,000

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Definitions:

Trade Deficits

An economic measure where a country's imports exceed its exports over a certain period, indicating an outflow of domestic currency to foreign markets.

Capital and Financial Account

Components of a country's balance of payments, recording the transactions of assets and liabilities, such as direct investments, portfolio investments, and other investments across borders.

Net Exports

The value of a country's total exports minus the value of its total imports, indicating the balance of trade.