(a) Find the present and future value of an income stream of $7000 per year for a period of 8 years if the interest rate, compounded continuously, is 6%. NOTE: Round your answer to the nearest cent. Present value =$ Future value =$ (b) Explain, in plain language, what the present and future values mean in terms of the income stream. A stream of income of 7000 per year invested in a bank account paying 6% annual interest rate will grow to $ in 8 years. This is the Vvalue. The V value of $ is the lump-sum deposit today that will grow to $ (a) Find the present and future value of an income stream of $7000 per year for a period of 8 years if the interest rate, compounded continuously, is 6%. NOTE: Round your answer to the nearest cent. Present value =$ Future value =$ (b) Explain, in plain language, what the present and future values mean in terms of the income stream. A stream of income of 7000 per year invested in a bank account paying 6% annual interest rate will grow to $ in 8 years. This is the Vvalue. The V value of $ is the lump-sum deposit today that will grow to $