The function f(x) = 600 e 0.03X represents the rate of flow of money in dollars per year. Assume a 5-year period at 4% compounded continuously. Find (A) the present value, and (B) the accumulated amount of money flow at t= 5. (A) The present value is $. (Do not round until the final answer. Then round to the nearest cent as needed.)

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Statements and Logic

Logic is the analysis of general patterns of thoughts without regard to any specific sense of context.