Solution) A small business expects an income stream of $5,000 per year for a four-year period. (a) Find the pr
Question: A small business expects an income stream of $5,000 per year for a four-year period.
(a) Find the present value of the business if the annual interest rate compounded continuously is
(i) 3% (ii) 10%
(b) In each case, find the value of the business at the end of the four year period.
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Solution: The solution file consists of 2 pages
Deliverables: Word Document![](/images/msword.png)
Deliverables: Word Document
![](/images/msword.png)