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Tracy Purchased a 15-Year Franchise for a Computer Outlet Store

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Tracy purchased a 15-year franchise for a computer outlet store that is expected to generate income at the rate of
​ Tracy purchased a 15-year franchise for a computer outlet store that is expected to generate income at the rate of ​ ​ dollars/year. If the prevailing interest rate is 10% /year compounded continuously, find the present value of the franchise. ​
dollars/year. If the prevailing interest rate is 10% /year compounded continuously, find the present value of the franchise.

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