Suppose an investment is expected to generate income at the rate of

r(t) = 200,000

dollars/year for the next 6 years. find the present value of this investment if the prevailing interest rate is 8%/year compounded continuously. (round your answer to the nearest whole number.)

2. camille purchased a 12-year franchise for a computer outlet store that is expected to generate income at the rate of

r(t) = 400,000

dollars/year. if the prevailing interest rate is 10%/year compounded continuously, find the present value of the franchise. (round your answer to the nearest whole number.)
$

1. an economy consists of three workers: larry, moe, and curly. each works 10 hours a day and can produce two services: mowing lawns and washing cars. in an hour, larry can either mow one lawn or wash one car; moe can either mow one lawn or wash two cars; and curly can either mow two lawns or wash one car. a. calculate how much of each service is produced under the following circumstances: a. all three spend all their time mowing lawns. b. all three spend all their time washing cars. c. all three spend half their time on each activity d. larry spends half of his time on each activity, while moe only washes cars and curly only mows lawns b. using your answers to part a, draw a production possibilities frontier and label points a, b, c, and d on your graph. explain why the production possibilities frontier has the shape it does. c. are any of the allocations calculated in part a inefficient? explain.