Solved: If the prevailing interest rate is 10year compounded, Mathematics

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If the prevailing interest rate is 10year compounded

Question: PRESENT VALUE OF A FRANCHISE Alicia purchased a 10-yr franchise for a health spa that is expected to generate income at the rate of

P(t) = 80,000

Dollars/year. If the prevailing interest rate is 10%/year compounded continuously, find the present value of the franchise.

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Mathematics: If the prevailing interest rate is 10year compounded

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Mathematics: If the prevailing interest rate is 10year compounded

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