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A small business expects an income stream of $ 6 0 0 0 per year for a four - year period. ( a ) Find
A small business expects an income stream of $ per year for a fouryear period.
a Find the present value of the business if the annual interest rate, compounded continuously, is the following.
Round your answers to two decimal places.
i
Present Value $ i
ii
Present Value $
b In each case, find the value of the business at the end of the fouryear period.
Round your answers to two decimal places.
i
Future Value $
ii
Future Value $
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