Question: Current Attempt in Progress (a) Find the present and future value of an income stream of ($ 7000) per year for a period of 10
Current Attempt in Progress (a) Find the present and future value of an income stream of \(\$ 7000\) per year for a period of 10 years if the interest rate, compounded continuously, is \(2\%\). Round your answers to two decimal places. Presentvalue \(=\$ \) Future value \(=\$ \) i (b) How much of the future value is from the income stream? How much is from interest? Round your answers to two decimal places. The amount from the income stream is \$ . The amount from the interest is \$ is . eTextbook and Media
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