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Company E had a profit of $2 million last year.This company expects the profit to remain the same each year over the next 5 years
Company E had a profit of $2 million last year.This company expects the profit to remain the same each year over the next 5 years and will reinvest half of their profits in an account earning 4% 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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