A Major Defense Supplier Expects to Generate Additional Revenue from Its

Short Answer

A major defense supplier expects to generate additional revenue from its recently won government contract. The company expects the revenue will be $110 million in the first year and the revenue increasing by $2.5 million each year for the next 4 years. What is the future worth of the total revenue at the end of year 5, if the company's rate of return is 18% per year?