The income from an established chain of laundromats is a continuous stream with its annual rate of flow at time ir given by tr)-210,000 (dollars per year). If money is worth 3% compounded continuously, find the present value and future value of this chain over the next 3 years (Round your answers to the nearest dollar) present value future value Need Help?

The income from an established chain of laundromats is a continuous stream with its annual rate of flow at time ir given by tr)-210,000 (dollars per year). If money is worth 3% compounded continuously, find the present value and future value of this chain over the next 3 years (Round your answers to the nearest dollar) present value future value Need Help?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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