Solving A = Pet for P, we obtain P = Ae which is the present value of the amount A due in t years if money earns interest at an annual nominal rate r compounded continuously. (A) Graph P=16,000e 0.051, 0sts 90. (B) Find lim 16,000 0.05t [Guess, using part (A).] [Conclusion: The longer the time until the amount A is due, the smaller is its present value, as we would expect.] (A) Choose the correct graph of P = 16,000 0.05, Ost≤ 90. ○ A. Q 16000- -0.05t, (B) lim 16,000e - O B. 16000 O D. 16000- Q 16000- Q
Solving A = Pet for P, we obtain P = Ae which is the present value of the amount A due in t years if money earns interest at an annual nominal rate r compounded continuously. (A) Graph P=16,000e 0.051, 0sts 90. (B) Find lim 16,000 0.05t [Guess, using part (A).] [Conclusion: The longer the time until the amount A is due, the smaller is its present value, as we would expect.] (A) Choose the correct graph of P = 16,000 0.05, Ost≤ 90. ○ A. Q 16000- -0.05t, (B) lim 16,000e - O B. 16000 O D. 16000- Q 16000- Q
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section4.CT: Chapter Test
Problem 11CT
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