Find the total income from the machines over the first 4 years.

Question

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) = 140e0.03t
in thousands of dollars per year. Find the total income from the machines over the first 4 years. (Round your answer to the nearest thousand dollars.)

Answer 1

Put 140e^0.03(4) in your calculator for your answer.