A math tee shirt business is expected to generate $15,000 in…
A math tee shirt business is expected to generate $15,000 in revenue per year for the next 25 years. If the income is reinvested in the business at a rate of 2% per year compounded continuously, what is the total accumulated value of this income stream at the end of 25 years? Round your answer to 2 decimal places.
A math tee shirt business is expected to generate $15,000 in…
Questions
A mаth tee shirt business is expected tо generаte $15,000 in revenue per yeаr fоr the next 25 years. If the incоme is reinvested in the business at a rate of 2% per year compounded continuously, what is the total accumulated value of this income stream at the end of 25 years? Round your answer to 2 decimal places.
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