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Round all numbers to two decimal places. The revenue of Intel Corporation was 70.7 billion dollars in 2018. Analysts expect this to increase by 2

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Round all numbers to two decimal places. The revenue of Intel Corporation was 70.7 billion dollars in 2018. Analysts expect this to increase by 2 billion dollars per year for the next decade. Assume that Intel continuously invests 9% of revenue into an account bearing 4.7% APR compounded continuously. (a) What is the 10-year future value of this investment? Answer: (value:) (units:) (b) Intel decides to sign a futures contract that forfeits this income stream for a one-time lump sum payment. What is the minimum amount of money they should accept? (Hint: it is the present value.) Answer: (value:) (units:)

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