D. [0/1 Points] DETAILS PREVIOUS ANSWERS TANAPCALCBR10 6.7.016. MY NOTES ASK YOUR TEACHER PRA Franchises Camille...
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D. [0/1 Points] DETAILS PREVIOUS ANSWERS TANAPCALCBR10 6.7.016. MY NOTES ASK YOUR TEACHER PRA Franchises Camille purchased a 14-year franchise for a computer outlet store that is expected to generate income at the rate of R(t) = 400,000 $ dollars/year. 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.) x D. [0/1 Points] DETAILS PREVIOUS ANSWERS TANAPCALCBR10 6.7.016. MY NOTES ASK YOUR TEACHER PRA Franchises Camille purchased a 14-year franchise for a computer outlet store that is expected to generate income at the rate of R(t) = 400,000 $ dollars/year. 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.) x
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