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A small business expects an income stream of $5000 per year for a four-year period. (a) Find the present value of the business if the
A small business expects an income stream of $5000 per year for a four-year period. (a) Find the present value of the business if the annual interest rate, compounded continuously, is the following. Round your answers to two decimal places. (i) 2% Present Value = $ i (ii) 8% Present Value = $ i (b) In each case, find the value of the business at the end of the four-year period. Round your answers to two decimal places. (i) 2% Future Value = $ i (ii) 8%
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