A firm purchased a 15-year franchise for a computer outlet store that is expected to generate income at the rate of
?
?
dollars per year. If the prevailing interest rate is 9% per year compounded continuously, find the present value of the franchise.
?
A. $3,264,095
B. $4,938,398
C. $3,619,817
D. $2,240,764
E. $5,973,418
Answer: B
You might also like to view...
Solve the problem.The following table shows the number of species listed as threatened or endangered in selected countries. Which country has 6 times as many species listed as Country B, which lists 131 species? 
A. Country A B. Country D C. Country C D. There is not enough information given.
Evaluate the algebraic expression for the given values of the variables.3mn - m3 for m = -9 and n = 5
A. 592 B. 586 C. 599 D. 594
Solve the problem.Anne and Nancy use a metal alloy that is 19.2% copper to make jewelry. How many ounces of a 15% alloy must be mixed with a 24% alloy to form 150 ounces of the desired alloy?
A. 80 ounces B. 70 ounces C. 75 ounces D. 82 ounces
Find equilibrium points x, 0 ? x ? 1, for the following function.f(x) = 1 - 
A. 0, 
B. 0, 
C. 
D. 
, 