Lowe’s Company For the 2009 fiscal year, Lowe’s Companies, Inc., reported an annual net income of $48,230,000. Assume the income can be reinvested continuously at an annual rate of return of 5.6% compounded continuously and that Lowe’s will maintain this annual net income for the next 5 years. (Source: Hoover’s Online Guide)

  

a. What is the future value of its 5-year net income?

  

b. What is the present value of its 5-year net income?