Question #2000443: Other Calculus Problems

Question: The management of a national pizza chain is selling a 6 year franchise to operate its newest outlet. Experience in similar localities suggests that \(t\) years from now the franchise will be generating profit at the rate of \(f(t)=10000+500t\) dollars per year. The prevailing rate of interest remains fixed during the next 6 years at 6% compounded continuously. What is the present value of the franchise?

Solution: The solution consists of 110 words (1 page)
Deliverables: Word Document

Like it? Share with your friends!


log in

reset password

Back to
log in
Do NOT follow this link or you will be banned from the site!