Question: Assuming an interest rate of 5% compounded continuously, (a) Find the future value in 6 years of a payment of $12,000 made today. (b) Find

Assuming an interest rate of 5% compounded continuously,
(a) Find the future value in 6 years of a payment of $12,000 made today.
(b) Find the future value of an income stream of $2000 per year over 6 years.
(c) Which is larger, the future value from the lump sum in part (a) or from the income stream in part (b)? Explain why this makes sense financially.

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