Calculus: Other Calculus Problems – #443


Question: The management of a national pizza chain is selling a 6 year franchise to operate its newest outlet. Experience in similar localities suggests that \(t\) years from now the franchise will be generating profit at the rate of \(f(t)=10000+500t\) dollars per year. The prevailing rate of interest remains fixed during the next 6 years at 6% compounded continuously. What is the present value of the franchise?

only-members
 

log in

reset password

Back to
log in