An investor is presented with a choice of two investments an

Last updated: 12/10/2023

An investor is presented with a choice of two investments an established furniture store and a new book store Each choice requires the same initial investment and each produces a continuous income stream of 4 compounded continuously The rate of flow of income from the furniture store is f t 14 000 and the rate of flow of income from the book store is expected to be g t 12 000 0 05t Compare the future values of these investments to determine which is the better choice over the next 4 years The future value of the furniture store is Round to the nearest dollar as needed SCOXS