Question

Suppose that a vending machine service company models its income by assuming that money flows continuously...

Suppose that a vending machine service company models its income by assuming that money flows continuously into the machines, with the annual rate of flow given by

f(t) = 180e0.04t

in thousands of dollars per year. Find the total income from the machines over the first 5 years. (Round your answer to the nearest thousand dollars.)
thousand dollars

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Answer #1

Total income of machine over 5 years= 180*e^.04*5 =936.73 thousand dollars per year

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