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Find the present and future values of an income stream of $15000$ dollars a year for $22$ years. The interest rate is $4\%$ compounded continuously.

Round your answers to $2$ decimal places.

Part $1$

The present value represents the amount of money you would have to deposit today in order to match what you would get from the income stream at the future date. The formula is

Present Value $={\displaystyle \underset{0}{\overset{M}{}}}S(t)e^{-et}dt$

Future value represents the total amount of money you would have if you deposit the income stream until a future date. The formula is

Future Value $=$ Present Value $e^M.$

To start our problem we need to identify the variablest

Time $=M=$ years

Rate $=r=\%$

Income Stream $S(t)=$ dollars$/$year

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Part $2$

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Part $3$

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Part $4$

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