5. A charity receives donations from a trust at a rate of f(t) = 10,000e-04t dollars per year for the next 8 years. The
Posted: Tue May 10, 2022 5:30 pm
5. A charity receives donations from a trust at a rate of f(t) = 10,000e-04t dollars per year for the next 8 years. The the charity invests the income at an annual rate of 3% (compounded continuously). a) What is the future value of the income after 8 years?
b) What is the present value?
b) What is the present value?