[Solved] The estimated value of a diamond purchase

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The estimated value of a diamond purchased for investment purposes is determined by . If the rate of depreciation is 7 percent under continuous compounding,

The estimated value of a diamond purchased for investment purposes is determined by image text in transcribed . If the rate of depreciation is 7 percent under continuous compounding, how much should the diamond be held to maximize its current price?

S(t) = 250(1.75) =

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