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2. (10 pts) The value of a property is given by the formula: V(t) = 50,000 exp(t1/3). Find t which maximizes the present value of

2. (10 pts) The value of a property is given by the formula: V(t) = 50,000 exp(t1/3). Find t which maximizes the present value of this property given (discount rate) r=0.05 at continues compounding

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