Company C showed a profit of $1.4 million last year. The CEO of the company expects the profit to decrease by 4% each year over the next five years and the profits will be continuously invested in an account bearing a 4.75% APR compounded continuously. (a) Write the flow rate, R, of the income stream. (Let t represent the number of years after the company showed a profit of $1.4 million.) R(t) = million dollars per year (b) Calculate the 5-year future value. million (c) Calculate the 5-year present value. million