Calculus
posted by Anonymous .
Camille purchased a 10yr franchise for a computer outlet store that is expected to generate income at the following rate measured in dollars/year.
R(t) = 400,000
If the prevailing interest rate is 10%/year compounded continuously, find the present value of the franchise. (Round your answer to the nearest whole number.)
$
Respond to this Question
Similar Questions

math
find the present value of ordinary annuity payments of 890 each year for 16 years at 8% compounded annually What is the amount that must be paid (Present Value) for an annuity with a periodic payment of R dollars to be made at the … 
Financial Management
Hi, would anyone be willing to help with this. Thanks :) 2. Find the following values: a) An intial $500 compounded for 10 years at 6 percent b) An intial $500 compounded for 10 years at 12 percent c) The present value of $500 due … 
Financial Management
HI, could anyone help with this please. :) 2. Find the following values: a) An intial $500 compounded for 10 years at 6 percent b) An intial $500 compounded for 10 years at 12 percent c) The present value of $500 due in 10 years at … 
college/accounting
You have been offered the opportunity to purchase a franchise of Sunshine Juice Stores. You will have to pay $258,635 for the initial investment in the store and its equipment, plus $30,000 per year for the lease payments and the franchise … 
St. line depreciation & salvage value
A USED CONCRETE PUMPING TRUCK CAN BE PURCHASED FOR 125,000 DOLLARS. THE OPERATING COST ARE EXPECTED TO BE 65,000 DOLLARS AT THE FIRST YEAR & INCREASE BY 5% EACH YAER THEREAFTER. AS A RESULT OF THE PURCHASE, THE COMPANY WILL SEE IN … 
St. line depreciation & salvage value
A used concrete pumping truck can be purchased for 125,000 dollars. The operating cost are expected to be 65,000 dollars at the first year & increase by 5% each yaer thereafter. As a result of the purchase, the company will see in … 
mathsintegral
the time index t runs from a to A. if an investment produced a continuous stream of income over 10 years at a rate of $20,000 per year and the interest rate is 6% per year continuously compounded. what is the present value? 
Mathsintegral
the time index t runs from a to A. if an investment produced a continuous stream of income over 10 years at a rate of $20,000 per year and the interest rate is 6% per year continuously compounded. what is the present value? 
calculus
The proprietor of Carson Hardware Store has decided to set up a sinking fund for the purpose of purchasing a computer 2 yr from now. It is expected that the purchase will involve a sum of 40000 dollars. The fund grows at the rate of … 
Economics
Present value equivalent for geometrically increasing series when the first year base of 4,000 increasing at 4% per year to year 15 at an interest rate 17% compounded continuously?