Suppose an investment is expected to generate income at the following rate measured in dollars/year for the next 8 yr. R(t)= 200,000 Find the present value of this investment if the prevailing interest rate is 8%/year compounded continuously. (Round your answer to two decimal places.) Solution 200,000 = Pe^(0.08*8) 200,000 = Pe^(0.64) P = 200,000/e^(0.64) P=105465.5$.