Question: (20 points) A continuous annuity pays out at a rate of c = 500 exp(0.04t) from time 5 until time 10. What is the accumulated

(20 points) A continuous annuity pays out at a rate of

(20 points) A continuous annuity pays out at a rate of c = 500 exp(0.04t) from time 5 until time 10. What is the accumulated value at time 10 if the annual effective interest rate is 0.08? Round your answer to two decimal places. (20 points) A continuous annuity pays out at a rate of c = 500 exp(0.04t) from time 5 until time 10. What is the accumulated value at time 10 if the annual effective interest rate is 0.08? Round your answer to two decimal places

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