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Incorrect Question 11 0/5 pts A company has profits of $333,000 this year and expects profits to decrease by 2% per year over the next

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Incorrect Question 11 0/5 pts A company has profits of $333,000 this year and expects profits to decrease by 2% per year over the next 15 years. If the profits will be continuously invested in an account bearing 6.7% APR compounded continuously, what is the 15-year present value of this income stream? Round your answer to two decimal places. Do not include units. (Hint: Finding a formula for R(t) is usually the trickiest part. Remember in the videos that I talked about different buzz words to look for to help you determine whether R(t) is constant, linear, or exponential.) 2,761,207.22 Incorrect Question 12 0/5 pts

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