Continuous income flow
.
Annual interest rate is
and time
.
Find the present value of the amount.
\Present value
.
Substitute corresponding values in the formula.
\
Consider
.
Solve the integral using integration by parts.
\Formula for integration by parts:
.
Here
and
.
Consider
.
Apply derivative on each side with respect to
.

Consider
.
Apply integral on each side.
\
Substitute corresponding values in integration by parts formula.
\

.
Substitute above result in (1).
\

.
Present value is
.
Present value is
.