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Business, 24.02.2020 23:23 heartprague

A company reports that profits for the past fiscal year were 14 million dollars. Given that t is the number of years from now, the company predicts that profits will grow continuously for the next 4 years at a continuous annual rate between 1.4% and 7.1%. Estimate the positive cumulative difference in predicted total profits over the 4 years based on the predicted range of growth rates.

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A company reports that profits for the past fiscal year were 14 million dollars. Given that t is the...
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