The function f(x) = 900 represents the rate of flow of money in dollars per year. Assume a 15-year period at 5% compounded continuously. Find (A) the present value, and (B) the accumulated amount of money flow at t= 15. (A) The present value is $ 9,497.40 . (Do not round until the final answer. Then round to the nearest cent as needed.) (B) The accumulated amount of money flow at t= 15 is $. (Do not round until the final answer. Then round to the nearest cent as needed.)

The function f(x) = 900 represents the rate of flow of money in dollars per year. Assume a 15-year period at 5% compounded continuously. Find (A) the present value, and (B) the accumulated amount of money flow at t= 15. (A) The present value is $ 9,497.40 . (Do not round until the final answer. Then round to the nearest cent as needed.) (B) The accumulated amount of money flow at t= 15 is $. (Do not round until the final answer. Then round to the nearest cent as needed.)

Name: Homework: HW 16.31 of 8 The function f(x) = 900 represents the rate of
Uploaded: 2024-03-20T06:38:44.000Z
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Description: Homework: HW 16.31 of 8 The function f(x) = 900 represents the rate of flow of money in dollars per year. Assume a 15-year period at 5% compounded continuously. Find (A) the present value, and (B) the accumulatedamount of money flow at t = 15.(A) The