(Solved): Find the present and future values of an income stream of $3000 a year for 20 years. The interest r ...

Find the present and future values of an income stream of $\$3000$ a year for 20 years. The interest rate is $8\%$, compounded continuously. Round your answers to two decimal places. $\begin{array}{l}\text{ Present Value }=\$\\ \text{ Future Value }=\$\end{array}$ Hint Assistance Used An income stream of $\$S(t)$ per year for $M$ years at continuous interest rate $r$ has future value: Future Value $={\int }_0^{M}S(t)e^{r(M-t)}dt$. Similarly, Present Value $={\int }_0^{M}S(t)e^{-rt}dt$.