Question #2012345: op. man.


Question: A company is expected to earn $50,000 a year, at a continuous rate, for 8 years. You can invest the earnings at an interest rate of 7%, compounded continuously. You have the chance to buy the rights to the earnings of the company now for $350,000. Should you buy? Explain.

Solution: The solution consists of 85 words (1 page)
Deliverables: Word Document

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