Find the future value of the presses over the next years

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Reference no: EM131798760

Suppose that a printing firm considers its production as a continuous income stream. If the annual rate of flow at time t is given by

f(t) = 97.5e-0.2^(t+3)

in thousands of dollars per year, and if money is worth 6% compounded continuously, find the present value and future value of the presses over the next 10 years.

Reference no: EM131798760

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