[Steps Shown] Suppose you owned a mint quality collection of original recording of the Beatles. And it was currently worth $2,000 and increasing linearly
Question: Suppose you owned a mint quality collection of original recording of the Beatles. And it was currently worth $2,000 and increasing linearly at a rate of $300 per year. If the prevailing interest rate was \(5 \%\) per year compounded continuously, when would be the most advantageous time for you to sell the collection and invest the proceeds?
Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document 