A 58-year-old couple are considering opening a business of their own. They will either purchase an established Gift and Card Shoppe or open a new Video Rental Palace. The Gift Shoppe has a continuous income stream with an annual rate of flow at time t given by 
(dollars per year) and the Video Palace has a continuous income stream with a projected annual rate of flow at time t given by
src="https://sciemce.com/media/3/ppg__cognero__Chapter_13_Definite_Integrals_Techniques_of_Integration__media__5fa315b6-73df-4c30-b6fb-ef461c895d5d.PNG" class="wirisformula" align="middle" style="vertical-align: middle;" data-wiris-created="true" varid="variable_id_field" variablename="impvar_fa5624b44e5146c095a179c53" /> (dollars per year). The initial investment is the same for both businesses, and money is worth 10% compounded continuously. Determine which is the better buy by finding the present value of each business over the next 7 years (until the couple reach age 65).
?
A. the Video Palace
B. the Gift Shoppe
Answer: A
Mathematics
src="https://sciemce.com/media/3/ppg__cognero__Chapter_13_Definite_Integrals_Techniques_of_Integration__media__5fa315b6-73df-4c30-b6fb-ef461c895d5d.PNG" class="wirisformula" align="middle" style="vertical-align: middle;" data-wiris-created="true" varid="variable_id_field" variablename="impvar_fa5624b44e5146c095a179c53" /> (dollars per year). The initial investment is the same for both businesses, and money is worth 10% compounded continuously. Determine which is the better buy by finding the present value of each business over the next 7 years (until the couple reach age 65).
?
A. the Video Palace
B. the Gift Shoppe
Answer: A
You might also like to view...
Factor the four-term polynomial by grouping.10x6 + 6x3 - 25x3 - 15
A. (2x3 + 5)(5x3 - 3) B. (10x3 + 5)(x3 - 3) C. (2x3 - 5)(5x3 + 3) D. (2x6 - 5)(5x + 3)
Find the perimeter. Use 3.14 for ?.
A. 30.12 m B. 22.56 m C. 35.12 m D. 17.56 m
Translate the question into a proportion. Do not solve.26% of what number is 59.3?
A. 
= 
B. 
= 
C. 
= 
D. 
= 
Insert either < or > to make a true statement.0.5 ___ 0.09
A. < B. >