2. Pilar owns a parcel of land whose valuet years from now will be V (t) = 8000e" dollars. If the prevailing%3Dinterest rate remains constant at 6% per year compounded continuously, when should Pilar sell the land tomaximize its present value?

Name: 2. Pilar owns a parcel of land whose valuet years from now will be V
Uploaded: 2024-03-20T06:46:42.000Z
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Description: 2. Pilar owns a parcel of land whose valuet years from now will be V (t) = 8000e" dollars. If the prevailing%3Dinterest rate remains constant at 6% per year compounded continuously, when should Pilar sell the land tomaximize its present value?

Math

Calculus

Pilar owns a parcel of land whose value tyears from now will be V (t) = 8000e" dollars. If the prevailing interest rate remains constant at 6% per year compounded continuously, when should Pilar sell the land to maximize its present value?