Your company needs 600000 dollars in five years time for renovations and can earn 10% interest on investments. (a) What is the present value of the renovations? Present value = i dollars (b) If your company deposits money continuously at a constant rate throughout the five-year period, at what rate should the money be deposited so that you have the 600000 dollars when you need it? Round your answers to 2 decimal places. Money deposited at a rate of i dollars per year.