Find the present value of a continuous stream of income over 2 years when the rate of income is

Question

Yujie Wang · Answer

round to the nearest dollar, okay? Since we have 5151 .2, okay? So five, we need to carry one, o

Zach Steedman · Answer

Okay, we need to round this to the nearest whole dollar. We always are going to look right after

Zach Steedman · Answer

Okay, we need to round in the nearest hole dollar. And for this and all the other problems in th

Zach Steedman · Answer

Kind of an interesting dollar amount, one, two, three, four, five, six, seven, or twelve thousan

Heather Zimmers · Answer

Rounding to the nearest cent is the same as rounding to the hundredth place. So just two numbers

Find the present value of a continuous stream of income over 2 years when the rate of income is constant at $30,000 per year and the interest rate is 5%. The present value is $ (Round to the nearest dollar as needed.)