Suppose Your Family Owns a Rare Book Whose Value T $V ( t ) = 9 e ^ { \sqrt { 0.8 t } }$

question 9

Multiple Choice

Suppose your family owns a rare book whose value t years from now will be $V ( t ) = 9 e ^ { \sqrt { 0.8 t } }$ dollars.If the prevailing interest rate remains constant at 6% per year compounded continuously,when will it be most advantageous for your family to sell the book and invest the proceeds? Round your answer to two decimal places.

• A)125.00 years
• B)48.61 years
• C)194.44 years
• D)55.56 years

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