$($a$)$ Find the present and future value of an income stream of $$5000$ per year for a period of $18$ years if the interest rate, compounded continuously, is $1\%.$

NOTE: Round your answer to the nearest cent.

Present value $=$$ $$

Future value $=$$ $$

$($b$)$ Explain, in plain language, what the present and future values mean in terms of the income stream.

A stream of income of $5000$ per year invested in a bank account paying $1\%$ annual interest rate will grow to $ $$