Question: The function f(t) = 700 represents the rate of flow of money in dollars per year. Assume a 15-year period at 8% compounded continuously. Find

The function f(t) = 700 represents the rate of flow of money in dollars per year. Assume a 15-year period at 8% compounded continuously. Find (a) the present value, and (b) the accumulated amount of money flow at T = 15. . . . . . (a) Set up the integral used to find the present value. Select the correct choice below and fill in any answer boxes within your choice. O A. P= (t) e (x) at O B. P= 0.08 . 0 The present value is $ 6114.55 (Do not round until the final answer. Then round to the nearest cent as needed.) (b) Set up the integral used to find the accumulated amount of money flow at t= 15. Select the correct choice below and fill in any answer boxes within your choice. O A. A = at 0 x O B. A= e 0.08 . e (t) e - (x) at The accumulated amount of money flow at t = 15 is $ 20301.02 (Do not round until the final answer. Then round to the nearest cent as needed.)
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