Solve the problem.The rate of a continuous money flow starts at $500 and increases exponentially at 4% per year for 10 years. Find the present value if interest is earned at 8% compounded continuously.
A. $18,647.81
B. $6147.81
C. $20,879.00
D. $4121.00
Answer: D
Mathematics
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B. 
mi
C. 
mi
D. 
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