O E webassignhet {'3 13.4 - Hka - Applications in Business -... E acme 'lea Help Dim" ii or Submit Answer 6. [12 Points] HARMATHAP12 13.4.01 1. ASK YOUR TEACHER PRACTICE ANOTHER The income from an established chain of laundromats is a continuous stream with its annual rate of ow at time t given by f(t) = 40,000 (dollars per year). If money is worth 2% compounded continuously, find the present value and future value of this chain over the next 9 years. (Round your answers to the nearest dollar.) present value $ future value $ Need Help? Submit Answer ASK YOUR TEACHER PRACTICE ANOTHER A 63-year-old couple is considering opening a business of their own. They will either purchase an established Gift and Card Shoppe or open a new Wine Boutique. The Gift Shoppe has a continuous 7. [/2 Points] HARMATHAP12 13.4.015. income stream with an annual rate of ow at time t given by G(t) = 35,400 (dollars per year). The Wine Boutique has a continuous income stream with a projected annual rate of flow at time t given by Mr) : 21,200e0'08' (dollars per year). The initial investment is the same for both businesses, and money is worth 10% compounded continuously. Find the present value of each business over the next 2 years (until the couple reaches age 65) to see which is the better buy. (Round your answers to the nearest dollar.) Gift Shoppe $ Wine Boutique $ Need Help? Submit Answer Home My Assignments Request Extension