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Part 1 of 3 An investor is presented with a choice of two investments: an established furniture store and a new computer store. Each choice

Part 1 of 3
An investor is presented with a choice of two investments: an established furniture store and a new computer store. Each choice requires the same initial investment and each produces a continuous income stream of 3%, compounded continuously. The rate of flow of income from the furniture store is f(t)=18,000, and the rate of flow of income from the computer store is expected to be g(t)=16,000e0.04t. Compare the future values of these investments to determine which is the better choice over the next 6 years.
The future value of the furniture store is $
(Round to the nearest dollar as needed.)Part 1 of 3
An investor is presented with a choice of two investments: an established furniture store and a new computer store. Each choice requires the same initial investment and each produces a continuous income stream of 3%, compounded continuously. The rate of flow of income from the furniture store is f(t)=18,000, and the rate of flow of income from the computer store is expected to be g(t)=16,000e0.04t. Compare the future values of these investments to determine which is the better choice over the next 6 years.
The future value of the furniture store is $
(Round to the nearest dollar as needed.)
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