(1 point) Your rich uncle bequests to you a continuous, constant income stream of $8000 per year for the next 5 years. The terms of the bequest require that this income stream be paid continuously into a specific savings account that will not be available to you for 5 years. This account earns 5% interest, compounded continuously. What is the present value of the bequest? How much money would the bequest be worth (including all interest accrued) after 5 years? You discover that a bank is offering 5.5% interest compounded continuously on a certificate of deposit (CD) that matures in 5 years. What is the cost of a CD at the above interest rate that would provide the same amount of money as the bequest after 5 years? You ask the executor of the estate to buy today a CD now whose value after 5 years will be the same as the amount that would be available to you in 5 years under the origional terms of the bequest, and to pay you the difference between the present value of the original bequest and the amount invested in the CD. How much should the executor pay you today? HI (1 point) Your rich uncle bequests to you a continuous, constant income stream of $8000 per year for the next 5 years. The terms of the bequest require that this income stream be paid continuously into a specific savings account that will not be available to you for 5 years. This account earns 5% interest, compounded continuously. What is the present value of the bequest? How much money would the bequest be worth (including all interest accrued) after 5 years? You discover that a bank is offering 5.5% interest compounded continuously on a certificate of deposit (CD) that matures in 5 years. What is the cost of a CD at the above interest rate that would provide the same amount of money as the bequest after 5 years? You ask the executor of the estate to buy today a CD now whose value after 5 years will be the same as the amount that would be available to you in 5 years under the origional terms of the bequest, and to pay you the difference between the present value of the original bequest and the amount invested in the CD. How much should the executor pay you today? HI