Math 110 Course Resources - Applications of Definite Integrals Course Packet on income streams and annuities 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 $6,000 per month for the next 20 years. If the fund earns 5% per year compounded continuously, how much money does he need now to establish the fund? Exact value = dollars Rounded to the nearest cent = dollars