Current Attempt in Progress With an interest rate of 4% compounded continuously: (a) Find the future value in 10 years of a payment of $12,000 made today. Round your answer to two decimal places. $ i (b) Find the future value of an income stream of $1200 per year over 10 years. Round your answer to two decimal places. $ i (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? The future value from the is larger. This makes sense because Save for Later Using multiple attempts wil 25% score reduction after a the present value of the income stream is more than the lump sum the lump sum is the larger total deposit the income stream results in a larger total deposit money deposited earlier has more time to earn interest Attempts: 1 of 5 used Submit Answe