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MMLU-Pro / 482 / You are considering the purchase of a machine which will give you an annual…

Problem

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question

You are considering the purchase of a machine which will give you an annual return of $1,000 a year for 20 years. The return will be received uniformly and continuously over the years. How much can you pay for the machine and still obtain at least a 10 percent effective annual return on your investment in the machine?

category

business

options

  1. $7,500
  2. $11,000
  3. $8,514
  4. $10,000
  5. $6,000
  6. $12,000
  7. $15,000
  8. $9,500
  9. $5,000
  10. $20,000

src

stemez-Business

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