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An investor is presented with a choice of two investments an established clothing store and...

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Basic Math

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An investor is presented with a choice of two investments an established clothing 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 clothing store is f t 18 000 and the rate of flow of income from the book store is expected to be g t 16 000e0 06t Compare the future values of these investments to determine which is the better choice over the next 8 years The future value of the clothing store is Round to the nearest dollar as needed

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