Question: The function f(x) = 0.07x + 500 represents the rate of flow of money in dollars per year. Assume a 10-year period at 4% compounded

 The function f(x) = 0.07x + 500 represents the rate of

The function f(x) = 0.07x + 500 represents the rate of flow of money in dollars per year. Assume a 10-year period at 4% compounded continuously. Find (A) the present value, and (B) the accumulated amount of money flow at t= 10. (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 = 10 is $ 1. (Do not round until the final answer. Then round to the nearest cent as needed.)

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