Suppose That the Profit from a Machine's Production Can Be

question 42

Multiple Choice

Suppose that the profit from a machine's production can be considered as a continuous income stream with annual rate of flow at time t given by (dollars per year) . If money is worth 14%, compounded continuously, find the present value of this stream over the next 5 years. Round your answer to the nearest dollar. ​

• A) $26,730
• B) $52,226
• C) $35,579
• D) $28,485
• E) $39,326

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Definitions:

Nature and Nurture

A concept that describes the influence of genetic inheritance (nature) and environmental factors (nurture) on the development of traits and behaviors.

Genes

Units of heredity made up of DNA that are responsible for determining the characteristics of an organism.

Socially Confident

Being comfortable and self-assured in social situations, able to interact with others easily and without fear of judgment or rejection.

Outgoing Personality

A personality trait characterized by high energy, talkativeness, and a tendency to seek the company of others.