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The Chief Financial Officer of a Company Reports That Profits

Question 39

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The chief financial officer of a company reports that profits for the past fiscal year were $17.5 million.The officer predicts that profits for the next 7 years will grow at a continuous annual rate somewhere between The chief financial officer of a company reports that profits for the past fiscal year were $17.5 million.The officer predicts that profits for the next 7 years will grow at a continuous annual rate somewhere between   % and 9%.Estimate the cumulative difference in total profit over the 7 years based on the predicted range of growth rates.Round your answer to three decimal places. ​ A) $442.354 billion B) $36.910 billion C) $21.224 billion D) $11.053 billion E) $97.762 billion % and 9%.Estimate the cumulative difference in total profit over the 7 years based on the predicted range of growth rates.Round your answer to three decimal places. ​


A) $442.354 billion
B) $36.910 billion
C) $21.224 billion
D) $11.053 billion
E) $97.762 billion

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