At age 35, Clarence earns his MBA and accepts a position as a vice president of...

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At age 35, Clarence earns his MBA and accepts a position as a vice president of an asphalt company. Assume that he will retire at the age of 85, having received an annual salary of $90,000, and that the interest rate is 5%, compounded continuously. a) What is the accumulated present value of his position? b) What is the accumulated future value of his position? a) The accumulated present value of his position is $ (Round to the nearest ten dollars as needed.) At age 35, Clarence earns his MBA and accepts a position as a vice president of an asphalt company. Assume that he will retire at the age of 85, having received an annual salary of $90,000, and that the interest rate is 5%, compounded continuously. a) What is the accumulated present value of his position? b) What is the accumulated future value of his position? a) The accumulated present value of his position is $ (Round to the nearest ten dollars as needed.)