10. [-/1 Points] DETAILS Math 110 Course Resources Applications of Definite Integrals Course Packet on income streams and annuities Your math professor has decided to retire and return to his jetsetting life style. He wishes to establish a fund from which he can withdraw $7,000 per month for the next 40 years. If the fund earns 8% per year compounded continuously, how much money does he need now to establish the fund? Exact value = dollars Rounded to the nearest cent = dollars