just answer the 7 Your company: Nobody Got Time for That You are Chief...
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just answer the 7
Your company: Nobody Got Time for That You are Chief Engineer and CEO of a new smart watch company, Nobody Got Time for that. The Sales Profile and Future Projection (In thousands of USD vs. years) is given in Figure 4. Figure 4: Sales projection for NGTT $25 $20 $20 $20 $20 $20 $20 $20 $20 $16 $15 $15 $13 $12 $10 $10 $10 $10 $10 $10 $5 6 7 8 10 9 2 0 -3 1 2 6. What is the present worth of the company in profit if costs are 66% of the NGIT sales? [units in $K] 7. You are not satisfied with NGTT and want it to grow huge. To do so, you project you need exactly $1227M right now. You are going to borrow money at 5% per year from FFF according to the chart in figure 5. How much do you need to borrow in year 5 to get the equivalent of $1227M right nowa [units in $M]
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