Calculus 10th Edition

Published by Brooks Cole
ISBN 10: 1-28505-709-0
ISBN 13: 978-1-28505-709-5

Chapter 8 - Integration Techniques, L'Hopital's Rule, and Improper Integrals - 8.2 Exercises - Page 523: 89

Answer

$P = 931265.0973$

Work Step by Step

$$\eqalign{ & c\left( t \right) = 100000 + 4000t,{\text{ }}r = 5\% ,{\text{ }}{t_1} = 10 \cr & {\text{The present value }}P{\text{ is given by }} \cr & P = \int_0^{{t_1}} {c\left( t \right)} {e^{ - rt}}dt \cr & {\text{Substituting}} \cr & P = \int_0^{10} {\left( {100000 + 4000t} \right)} {e^{ - 0.05t}}dt \cr & {\text{Integrate by parts}} \cr & {\text{Let }}u = 100000 + 4000t,{\text{ }}du = 4000dt \cr & dv = {e^{ - 0.05t}},{\text{ }}v = - 20{e^{ - 0.05t}} \cr & {\text{By the integration by parts formula}} \cr & P = \left[ { - 20\left( {100000 + 4000t} \right){e^{ - 0.05t}}} \right]_0^{10} - \int_0^{10} {\left( { - 20{e^{ - 0.05t}}} \right)\left( {4000} \right)dt} \cr & P = \left[ { - 20\left( {100000 + 4000t} \right){e^{ - 0.05t}}} \right]_0^{10} - 1600000\left[ {{e^{ - 0.05t}}} \right]_0^{10} \cr & {\text{Evaluating the limits we obtain}} \cr & P = 301714.1528 + 629550.9445 \cr & P = 931265.0973 \cr} $$
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