Question: SHOW ALL WORK The continuously compounded interest rate is 14%. a. You invest $1,190 at this rate. What is the investment worth after six years

SHOW ALL WORK The continuously compounded interest rate is 14%. a. You SHOW ALL WORK

The continuously compounded interest rate is 14%. a. You invest $1,190 at this rate. What is the investment worth after six years ? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Future value $ 2756.48 b. What is the PV of $6.9 million to be received in nine years? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Present value $ c. What is the PV of a continuous stream of cash flows, amounting to $2,190 per year, starting immediately and continuing for 16 years ? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value $

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