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Author Question: Capital value is defined aswhere k is the annual rate of interest compounded continuously. Find the ... (Read 59 times)

azncindy619

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Question 1

A company determines that its marginal profit, in dollars, from producing x units is given by  where x ≥ 1. Suppose that it would be possible for the company to make infinitely many units of this item. Find the total profit. Round to the nearest dollar.
◦ $6860
◦ $6850
◦ $6830
◦ $6840

Question 2

Capital value is defined as  where k is the annual rate of interest compounded continuously. Find the capital value of an asset that produces $5000 yearly income at 4% compounded continuously. Round to the nearest dollar.
◦ $150,000
◦ $130,000
◦ $100,000
◦ $125,000


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Marked as best answer by azncindy619 on Jun 16, 2021

ttt030911

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azncindy619

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Reply 2 on: Jun 16, 2021
:D TYSM


shailee

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Reply 3 on: Yesterday
Excellent

 

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