Answer:
24. $ 29700 25. $ 2125
Step-by-step explanation:
24.The total income produced by the continuous income stream in the first 9 years is given by,
$ [tex](\int_{0}^{9}(3300)dt)[/tex]
= $ ([tex]3300 \times 9[/tex])
= $ 29700
25. The total income produced by the continuous income stream in the first 4 years is given by,
$ [tex](500 \times \int_{0}^{4}(e^{0.03t})dt)[/tex]
= $ [tex](\frac {500}{0.03} \times [e^{0.03t}]_{0}^{4})[/tex]
= $ [tex](\frac {500}{0.03} \times (e^{0.12} - 1))[/tex]
[tex]\simeq[/tex] $ 2125
