1. What is the future value of $20,000 invested for 20 years at a nominal interest rate of 9 percent compounded continuously?
a. $108,894
b. $112,088
c. $147,781
d. $120,993
2. Opportunity costs:
A. Should not be included in the analysis of a project
B. Decrease sales of the firm's other products
C. Increase sales of the firm's other products
D. Should be included in the analysis of a project's cash flows
E. Does not make a difference in the analysis of a project