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Suppose you are considering either starting your own recording business or buying someone else's online financial consulting company. Based on your estimates, if you were
Suppose you are considering either starting your own recording business or buying someone else's online financial consulting company. Based on your estimates, if you were to start your own recording business, you could bring in a continuous income stream of 170.000 dollars per year for the next 6 years, On the other hand, you could purchase a financial consulting company which should bring in a continuous income stream of 195,000 per year for the next 5 years. Suppose you can invest money at 9.0% annual interest (compounded continously). What is the future value of the continuous income stream you would receive by starting your own recording business? Round your final answer to two decimal places! Type your answer... As you ponder purchasing the financial consulting company, you assume that you could invest money at 7.1% annual interest (compounded continuously. Under this assumption, compute the present value of the continuous income stream you would receive upon purchasing the financial consulting company Type your
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