Find the present and future values of an income stream of $2000 a year for 16 years. The interest rate is 5%, compounded continuously. Round your answers to two decimal places. $ Present Value = $ i Future Value =

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
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Chapter7: Exponents And Exponential Functions
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Find the present and future values of an income stream of $2000 a year for 16 years. The interest rate is 5%, compounded
continuously.
Round your answers to two decimal places.
$ i
Present Value =
$ i
Future Value =
Transcribed Image Text:Find the present and future values of an income stream of $2000 a year for 16 years. The interest rate is 5%, compounded continuously. Round your answers to two decimal places. $ i Present Value = $ i Future Value =
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