Help ? rsccd.instructure.com Final Review 2 view 2 Due in 21 hours, 51 minutes.

Question

Help ? rsccd.instructure.com Final Review 2 view 2 Due in 21 hours, 51 minutes. Due Wed 05/30/2018 12:00 pm At age 35, Beth earns her MBA and accepts a position as vice president of an asphalt company. Assume that she will retire at the age of 60, having received an annual salary of $95000, and that the interest rate is 8%, compounded continuously. Round answers to the nearest dollar. What is the accumulated present value of her position? What is the accumulated future value of her position? Preview Points possible: 10 This is attempt 1 of 5 0] 10) 10) 10 Submit 10] 10) /10) /101 ar10 10) an0) 0/10) 0/100 $.8/250 29

Explanation / Answer

accumulated present value of her position 95000 dollars

accumulated future value of her position is A = Pe^(r*t)

A = 95000e^(0.08*26) = 760424.546 dollars

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