A sum of $25,000 per year will be received uniformly over a seven-year period beginning two years from today. What is the present value of this deferred-funds flow if interest is compounded continuously at a nominal rate of 9%? The present value for funds with continuous flow and compounding is determined with the help of the following formula: P= I f(t)e" dt 1d Where the time span of the investment ranges from 0 to N, f(t) is the total amount of investment, r is the nominal rate of interest and is the discounting factor which converts future amount into present value