Solve the problem.A man takes a job as a bookkeeper at the age of 21. Assuming retirement at age 67 and annual salary $2800 that is paid in a continuous money flow, what is the  accumulated present value? The current interest rate is 8%, compounded continuously.

A. -$34,117.20
B. $35,882.80
C. $34,117.20
D. $882.80


Answer: C

Mathematics

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