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Alexxx [7]
3 years ago
9

Cyberhost Corporation's sales were $225 million last year. If sales grow at 6% per year, how large (in millions) will they be 5

years later
Business
1 answer:
GalinKa [24]3 years ago
6 0

Answer:

$301.10 MILLION

Explanation:

the formula for determine the future value of sales =

P (1 +r)^n

P = Present value  = $225 million

R = interest rate  = 6%

N = number of years  = 5

$225 million(1.06)^5 = $301.10 MILLION

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3 years ago
The U.S. National Treasury issued $3 million of 2.7% bonds, due in 10 years, with interest payable annually at year-end. Calcula
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3 0
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What types of businesses are needed to make the product and deliver it to the final consumer.
Gnesinka [82]

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