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monica belucci

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An angel investor divides $1,800,000 among three biotech startups. The first receives 40%, the second 35%, and the third the rest. The third startup uses its funding to grow at a continuous annual rate of 18% for 2 years. What is its value after 2 years? (Use A = Pe^(rt), where e ≈ 2.718)
Third startup: 100% – 40% – 35% = 25% → 0.25×1,800,000 = $450,000
Formula: A = 450,000 × e^(0.18×2) = 450,000 × e^0.36

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