تم الحل ✓
categoryتمويل ومصارف
schoolبكالوريوس
event_available2026-07-13
السؤال
Transcribed Image Text:
For the year ending December 31, 2008, General Electric's revenue was $182.52 billion. Assume that the revenue increases by 7% per year and that General Electric will
(continuously) invest 10% of its revenues each year at an APR of 4.9% compounded continuously for a period of 7 years beginning at the end of December of 2008.+
(a) Write the flow rate equation.
R(t)=
billion dollars per year
(b) What is the present value (in December, 2008) of this 7-year investment? (Round your answer to three decimal places.)
$
billion
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-12 points LCalcCon5 6.2.011.
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For the 2009 fiscal year, Lowe's Companies, Inc. reported an annual net income of $48,230,000. Assume the income can be reinvested continuously at an annual rate of
return of 5.9% compounded continuously and that Lowe's will maintain this annual net income for the next 8 years.+
(a) What is the future value of its 8-year net income?
$
million
(b) What is the present value of its 8-year net income?
$
million
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