Solve the problem 7) A woman accepts a position as president of a company at age 38. Assuming retirement at age 66 and annual salary $12,400 current interest rate is 5%, compounded continuously that is paid in a continuous money flow, what is the president's accumulated present value? The Find the future value P of the amount Po invested for time period t at interest rate k, compounded continuously 8) Po-$870,000, t-, 5 yr, k-3.6% The capitalized cost c of an asset is computed by the formula c-co- mi(t)e-rt dt , where co is the initial cost of the asset, L is the lifetime (in years), r is the interest rate (compounded continuously), and mlt) is the annual cost of maintenance. Find the capitalized cost under the given assumptions. 9) c0 = $400,000, r-59, m(t)-20,000, L-30 Find the future value P of the amount Po invested for time period t at interest rate k, compounded continuously 10) Po-$66,000, t-3yr, k-6%