The owner of a local cinema is considering a plan for renovating and improving the theater, which requires an immediate cash outlay of $130,000. It has been estimated that adopting such a plan would result in a net income stream generated at the rate of g(t)=570,000 dollars per year for the next 3 years. If the prevalling interest rate for the next 3 years is 10% per year, then the net income by the end of 3 years is given by [² 570,000e 0.1t dt 130,000. Evaluate the net income. (Round your answer to the nearest dollar.)

Algebra and Trigonometry (6th Edition)
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ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
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Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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The owner of a local cinema is considering a plan for renovating and improving the theater, which requires an immediate cash outlay of $130,000. It has been estimated that adopting such a plan
would result in a net income stream generated at the rate of
g(t)= 570,000
dollars per year for the next 3 years. If the prevailing interest rate for the next 3 years is 10% per year, then the net income by the end of 3 years is given by
[
Evaluate the net income. (Round your answer to the nearest dollar.)
$
-0.1t
570,000e
dt - 130,000.
Transcribed Image Text:The owner of a local cinema is considering a plan for renovating and improving the theater, which requires an immediate cash outlay of $130,000. It has been estimated that adopting such a plan would result in a net income stream generated at the rate of g(t)= 570,000 dollars per year for the next 3 years. If the prevailing interest rate for the next 3 years is 10% per year, then the net income by the end of 3 years is given by [ Evaluate the net income. (Round your answer to the nearest dollar.) $ -0.1t 570,000e dt - 130,000.
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