Question: Help with A&B, please. Continuous Compounding; i = 20% Single Payment Uniform Series Compound Compound Capital Amount Present Amount Present Sinking Fund Recovery Factor Worth

Help with A&B, please. Continuous Compounding; i = 20% Single Payment Uniform Series Compound Compound Capital Amount Present Amount Present Sinking Fund Recovery Factor Help with A&B, please.

Continuous Compounding; i = 20% Single Payment Uniform Series Compound Compound Capital Amount Present Amount Present Sinking Fund Recovery Factor Worth Factor Factor Worth Factor Factor Factor To Find F To Find P To Find F To Find P To Find A To Find A Given P Given F Given A Given A Given F Given P F/P P/F FIA PIA A/F A/P 1.2214 0.8187 1.0000 0.8187 1.0000 1.2214 1.4918 0.6703 2.2214 1.4891 0.4502 0.6716 1.8221 0.5488 3.7132 2.0379 0.2693 0.4907 2.2255 0.4493 5.5353 2.4872 0.1807 0.4021 2.7183 0.3679 7.7609 2.8551 0.1289 0.3503 3.3201 0.3012 10.4792 3.1563 0.0954 0.3168 4.0552 0.2466 13.7993 3.4029 0.0725 0.2939 4.9530 0.2019 17.8545 3.6048 0.0560 0.2774 6.0496 0.1653 22.8075 3.7701 0.0438 0.2652 7.3891 0.1353 28.8572 3.9054 0.0347 0.2561 9.0250 0.1108 36.2462 4.0162 0.0276 0.2490 11.0232 0.0907 45.2712 4.1069 0.0221 0.2435 13.4637 0.0743 56.2944 4.1812 0.0178 0.2392 16.4446 0.0608 69.7582 4.2420 0.0143 0.2357 20.0855 0.0498 86.2028 4.2918 0.0116 0.2330 24.5325 0.0408 106.2883 4.3325 0.0094 0.2308 29.9641 0.0334 130.8209 4.3659 0.0076 0.2290 36.5982 0.0273 160.7850 4.3932 0.0062 0.2276 44.7012 0.0224 197.3832 4.4156 0.0051 0.2265 54.5982 0.0183 242.0844 4.4339 0.0041 0.2255 66.6863 0.0150 296.6826 4.4489 0.0034 0.2248 81.4509 0.0123 363.3689 4.4612 0.0028 0.2242 99.4843 0.0101 444.8198 4.4713 0.0022 0.2237 121.5105 0.0082 544.3042 4.4795 0.0018 0.2232 148.4132 0.0067 665.8146 4.4862 0.0015 0.2229 181.2723 0.0055 814.2278 4.4917 0.0012 0.2226 221.4065 0.0045 995.5001 4.4963 0.0010 0.2224 270.4265 0.0037 1216.9066 4.5000 0.0008 0.2222 330.2997 0.0030 1487.3331 4.5030 0.0007 0.2221 403.42890 .0025 1817.6328 4.5055 0.0006 0.2220 Many persons prepare for retirement by making monthly contributions to a savings program. Suppose that $2,700 is set aside each year and invested in a savings account that pays 20% interest per year, compounded continuously. a. Determine the accumulated savings in this account at the end of 22 years. b. In Part (a), suppose that an annuity will be withdrawn from savings that have been accumulated at the EOY 22. The annuity will extend from the EOY 23 to the EOY 31. What is the value of this annuity if the interest rate and compounding frequency in Part (a) do not change? Click the icon to view the interest and annuity table for continuous compounding when i = 20% per year. a. The accumulated savings amount at the end of 22 years will be $ . (Round to the nearest dollar.)

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