banganX
2021-08-20
Delorenzoz
Skilled2021-08-21Added 91 answers
Calculation:
Write the equation for present worth of 10 years.
Here, present worth is P, annual value is A, rate of interest is i, and number of years is n.
Substitute $25000 for A,
Write the equation for present worth of infinity years.
Substitute $35000 for A,
Conclusion:
Therefore, the correct option is (d) $233334.
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