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A small business expects an income stream of $ 9 5 0 0 per year for a 1 4 - year period. ( a )
A small business expects an income stream of $ per year for a year period.
a Find the present of the business if the annual interest rate, compounded continuously, is i and ii
In either case, specify your answer to the nearest cent ie dollar
i present value $
ii present value $
b In each case, find the value of the business at the end of the year period.
i Value after years $
ii Value after years $
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