ents urces 22 Incorrect Question 4 Company Z showed a profit of $1.5 billion last year. The CEO of the company expects the profit to increase by 0.25 billion dollars per year over the next seven years and the profits will be continuously invested in an account bearing a 6.1% APR compounded continuously. What is the seven-year present value? The units of your answer should be 'billion dollars. Input your answer to three decimal places. 4.919
ents urces 22 Incorrect Question 4 Company Z showed a profit of $1.5 billion last year. The CEO of the company expects the profit to increase by 0.25 billion dollars per year over the next seven years and the profits will be continuously invested in an account bearing a 6.1% APR compounded continuously. What is the seven-year present value? The units of your answer should be 'billion dollars. Input your answer to three decimal places. 4.919
Chapter4: Financial Planning And Forecasting
Section: Chapter Questions
Problem 10P
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