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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
An investor is presented with a choice of two investments: an established furniture store and 9 new book store. Each choice requires the same initial investment and
each produces a ccnti nuous income stream of 3%. corn pounded centin ucusly. The rate of flow of income from the fumiture store is fit) = 16,000, and the rate of flow of income from the book store is expected to be 93) = 14,000 g ”05‘. Compare the future values of these investments to determine which is the better choice over the next
2 years. The future value of the fiJrniture store is S
(Reu nd to the nearest doller as needed.)
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