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Category > Calculus Posted 10 Jul 2017 My Price 4.00

An investor is presented

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.)

Answers

(15)
Status NEW Posted 10 Jul 2017 12:07 AM My Price 4.00

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file 1499645523-Solutions file.docx preview (51 words )
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