Solve the problem.It is estimated that the total value of a stamp collection is given by the formula  where t is the number of years from now. If the inflation rate is running continuously at 4% per year so that the (discounted) present value of an item that will be worth $v in t years' time is given by  Sketch the graph of the discounted value as a function of time at which the stamp collection is sold. At what value of t is the present value increasing most rapidly?

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A. t = 21.05

B. t = 19.05

C. t = 24.15

D. t = 18.75


Answer: A

Mathematics

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