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169) Felipe is trying to choose between two investment opportunities. The first will cost S55,000 and is expected to produce income at the continuous rate

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169) Felipe is trying to choose between two investment opportunities. The first will cost S55,000 and is expected to produce income at the continuous rate of $16,000 per year. The second will cost $32,000 and is expected to produce income at the rate of $11,000 per year. If the prevailing rate of interest stays constant at 6% per year compounded continuously, which investment is better for Felipe over the next 6 years? A) The $55,000 plan is better, producing net income of $61,933 versus $36,767 for the $16,000 plan over 6 years. B) The $55,000 plan is better, producing net income of $41,000 versus $34,000 for the $16,000 plan over 6 years. C) The $32,000 plan is better, producing net income of $79,444 versus $60,555 for the $55,000 plan over 6 years. D) The $55,000 plan is better, producing net income of $60,555 versus $47,444 for the $16,000 plan over 6 years. 169)

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