The rate of a continuous flow for a company is growing exponentially. At the beginning,...
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The rate of a continuous flow for a company is growing exponentially. At the beginning, the rate was $10,000 per year. By the end ofthe first year, the rate was $10,941.74 per year. Complete parts (a) through (e) below.(a) Determine an exponential function to model the continuous money flow for this company.f(t) = (10,000) (0.09)(b) Find the total money flow for the first 8 years.The total money flow over is $ 117159.25.(c) Find the accumulated amount of money flow at the end of 8 years if the interest rate is 6%, compounded continuously.The accumulated amount of money flow is $
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