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For the year ending December 3 1 , 2 0 1 7 , sales for Company Y were $ 6 5 . 5 1 billion.
For the year ending December sales for Company Y were $ billion. Beginning January Company Y plans to invest of their sales amount each year and they expect their sales to increase by each year over the next three years.
Company Y invests into an account earning an APR of compounded continuously. Assume a continuous income stream.
How much money will be in the investment account on December
Round your answer to three decimal places.
Incorrect: Your answer is incorrect.
billion dollars
How much money did Company Y invest in the account between January and December
Round your answer to three decimal places.
Incorrect: Your answer is incorrect.
billion dollars
How much interest did Company Y earn on this investment between January and December
Round your answer to three decimal places. If intermediate values are used, be sure to use the unrounded values to determine the answer.
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