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3. The market value ($) of an art object I years from now is predicted to be 50,00010'5/3. If you bu)r this object today for
3. The market value ($) of an art object I years from now is predicted to be 50,00010'5/3. If you bu)r this object today for $50,000, and the interest rate remains at 3% p.a. compounded continuously, when should you sell it to maximize present value? 41.00123 Demand for a good is given by p = 1009 (Spfunit, x unitsfmo.) Determine the unit price and monthly sales that will maximize revenue
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