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Company D had a profit of $2 million last year.This company expects the profit to decrease by 8% each year over the next 5 years
Company D had a profit of $2 million last year.This company expects the profit to decrease by 8% each year over the next 5 years and will reinvest 20% of their profits in an account earning 3% compounded continuously.
Assume a continuous income stream.Write the income stream function,, that expresses how quickly they will invest their profit.
_______________________________million dollars per year
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