Assuming an interest rate of 2% compounded continuously, answer the following questions (a) Find the future value in 10 years of a payment of $11,000 made today. Round your answer to two decimal places. (b) Find the future value of an income stream of $1100 per year over 10 years. Round your answer to two decimal places. S (c) Which is larger, the future value from the lump sum in part (a) or from the income stream in part (b)? Why does this make sense financially? is larger. The future value from the This makes sense because MENT RESOURCES Chapter 5, Section 5.6, Question 011 ork 5.6 & 6.5 ter 5. Section 5.6 stion 006 pter 5, Section 5.6 estion c08 pter 5, Section 5.6 estion 011 acter 6. Section 6.5. uestion 005 Ift is measured in days since June 1, the inventory / (t) for an item in a warehouse is given by (0)-5000(0.9 (a) Find the average inventory in the warehouse during the 90 days after June 1, Round your answer to two decimal places. ew Score iew Results by Study ective Average inventory the absolute tolerance is +/-0.01 (b) Select the correct graph of 1 (t) which illustrates the average graphically. 5000 Average Value License Agreement rivacy Pocy 2000-20s9 . Assuming an interest rate of 2% compounded continuously, answer the following questions (a) Find the future value in 10 years of a payment of $11,000 made today. Round your answer to two decimal places. (b) Find the future value of an income stream of $1100 per year over 10 years. Round your answer to two decimal places. S (c) Which is larger, the future value from the lump sum in part (a) or from the income stream in part (b)? Why does this make sense financially? is larger. The future value from the This makes sense because MENT RESOURCES Chapter 5, Section 5.6, Question 011 ork 5.6 & 6.5 ter 5. Section 5.6 stion 006 pter 5, Section 5.6 estion c08 pter 5, Section 5.6 estion 011 acter 6. Section 6.5. uestion 005 Ift is measured in days since June 1, the inventory / (t) for an item in a warehouse is given by (0)-5000(0.9 (a) Find the average inventory in the warehouse during the 90 days after June 1, Round your answer to two decimal places. ew Score iew Results by Study ective Average inventory the absolute tolerance is +/-0.01 (b) Select the correct graph of 1 (t) which illustrates the average graphically. 5000 Average Value License Agreement rivacy Pocy 2000-20s9