Find the accumulated future value of each continuous income stream at rate R(t), for the given time T and interest rate k, compounded continuously. 9. R(t) = $50,000, T= 22 yr, k = 5% 10. R(t) = $125,000, T = 20 yr, k = 6% %3D 11. R(t) = $400,000, T= 20 yr, k = 4% 12. R(t) = $50,000, T= 22 yr, k = 2.75%

In the normal interest equation [(1 + i)^n] do we need to find the effective interest rate [1 + (r/m)]^m then directly plug in the found effective interest rate or not into the normal interest equation [(1 + i)^n] (when dealing with a non-annual compounding period). EXPLAIN WHY or WHY NOT (in detail, in an easy to understand format).

Melissa agrees to contribute $500 to the alumni fund at the end of each year for the next 4 years. Shannon wants to match Melissa's gift, but he wants to make a lump-sum contribution. If the current interest rate is 2.5% compounded annually, how much should Shannon cortribute to equal Melissa's gift? (Round your answer to the nearest cent.)

Suppose you expect to receive a $10,000 bonus from your employer in two years upon completing your college degree. If the interest rate is 5%, what is the present value of the $10,000? The present value is $9,070.30 $9,523.80 $11,025.00 $10,500.00

What is the present equivalent of $18,000 to be received in 15 years when the interest rate isa. 7% ordinary simple interest?b. 7% compounded quarterly?c. 7% compounded monthly?