Question: The function f(x) = 0.08x + 400 represents the rate of flow of money in dollars per year. Assume a 10-year period at 4% compounded

 The function f(x) = 0.08x + 400 represents the rate of

The function f(x) = 0.08x + 400 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 ow at t= 10. (A) The present value is $D. (Do not round until the nal answer. Then round to the nearest cent as needed.) (B) The accumulated amount of money ow at t= 10 is $l:|. . . (Do not round until the nal answer. Then round to the nearest cent as needed.)

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