Question: HW Q16I need help on my homework The function f(t) = 3000e represents the rate of flow of money in dollars per year. Assume a

HW Q16I need help on my homework

HW Q16I need help on my homework The function f(t) = 3000e

The function f(t) = 3000e represents the rate of flow of money in dollars per year. Assume a 5-year period at 4% compounded continuously. Find (a) the present value, and (b) the accumulated amount of money flow at T = 5. a. The present value is $ (Do not round until the final answer. Then round to the nearest cent as needed.) b. The accumulated amount of money flow at T = 5 is $ (Do not round until the final answer. Then round to the nearest cent as needed.)

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