Question
Suppose an investment is expected to generate income at the rate of R ( t ) = 200,000 dollars/year for the next 5 years. Find
Suppose an investment is expected to generate income at the rate of
R(t) = 200,000
dollars/year for the next 5 years. Find the present value of this investment if the prevailing interest rate is 6%/year compounded continuously. (Round your answer to the nearest whole number.)
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Cost Determination A Conceptual Approach
Authors: Joel S. Demski
1st Edition
0813803608, 978-0813803609
