(Steps Shown) Money will be transferred continuously into an account at the constant rate of $8,000 per year, for nine years. The account will earn interest
Question: Money will be transferred continuously into an account at the constant rate of $8,000 per year, for nine years. The account will earn interest rate of 12 percent compounded continuously. Find the present value of this deposit flow.
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(Step-by-Step) Solve
Solution: Integrate
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