Question: D Question 16 5 pts Your math professor has decided to retire and return to his jetsetting life style. He wishes to establish a fund


D Question 16 5 pts Your math professor has decided to retire and return to his jetsetting life style. He wishes to establish a fund from which he can withdraw 4,000 dollars per month for the next 40 years. If the fund earns 9 percent per year compounded continuously, how much money does he need now to establish the fund? O 48, 043 (23.6 - 1) 0.09 48, 000 0.09 (23.6 + 1) 12 * 40 0.09 -(23.6 - 1) 12 * 40 (1 - e-3.6) 0.09 48, 000 -3.6
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