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A 6 1 year old couple is considering opening a business of their own. They will either purchase an established Gift and Card Shopee or
A year old couple is considering opening a business of their own. They will either purchase an established Gift and Card Shopee or open a new Wine Boutique.The Gift Shopee has a continous income stream with an annual rate of flow at time t given by Gtet The Wine Boutique has a continous income stream with an annual rate of flow at time t given by Wt The initial investment is the same for both businesses, and money is worht compounded continously. Find the Present Value of each business over the next years to see whichis the better buy.
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