02 (4 points) a) [2 points] Find the accumulated value of an annuity that pays continuously at a rate of $800 per year for 5 years if i0) = 6 %. b) [2 points] Cheng has $50, 000 in an account that earns interest at a rate of 4% compounded continuously. He starts withdrawing money at a rate of $X per year continuously for the first 5 years, and then $2X per year continuously for the next 5 years. What rate $X will exhaust the fund completely at the end of the 10 years? (Report to 2 decimal places) + Drag and drop your files or click to browse