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A Firm Purchased a 10-Year Franchise for a Computer Outlet

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A firm purchased a 10-year franchise for a computer outlet store that is expected to generate income at the rate of
​ A firm purchased a 10-year franchise for a computer outlet store that is expected to generate income at the rate of ​ ​ dollars per year. If the prevailing interest rate is 10% per year compounded continuously, find the present value of the franchise. Please round the answer to the nearest dollar. ​ $__________ ​
dollars per year. If the prevailing interest rate is 10% per year compounded continuously, find the present value of the franchise. Please round the answer to the nearest dollar.
​
$__________

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