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book Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller cover

Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller

النسخة 12الرقم المعياري الدولي: 978-0132605540
book Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller cover

Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller

النسخة 12الرقم المعياري الدولي: 978-0132605540
تمرين 99
Solve the following application problem.
A corporation worth $40 million is expected to grow at 8% per year compounded annually for 5 years. (a) Find the future value to the nearest million. __________________ (b) The owners then propose to sell the firm and invest the proceeds in a new venture that should grow at 12% compounded annually for 4 years. Beginning with the future value from part (a) rounded to the nearest million, find the expected future value to the nearest million at the end of 4 additional years. __________________
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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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