The management of a national chain of fast-food restaurants is selling a 5-year franchise to operate its newest outlet in Tulare, California. Past experience in similar localities suggests that t years from now, the franchise will be generating profit at the rate of f(t) = 12,000√t dollars per year. Suppose the prevailing annual interest rate remains fixed during the next 5 years at 5% compounded continuously. Use Simpson’s rule with n = 10 to estimate the present value of the franchise.