For future value $20,000, 18 years at 6% compounded interest continuously, determine the questions in 16, 17 and 18 16.What is the onetime present value? a) $6571 c) $6271 b) $6791 17.How much does...

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Extracted text: For future value $20,000, 18 years at 6% compounded interest continuously, determine the questions in 16, 17 and 18 16.What is the onetime present value? a) $6571 c) $6271 b) $6791 17.How much does one need to save every year? a) $417 b) $517 c) $617 18. If one saves $800 per year, how long will it take to get the same amount of money in the future with same interest rate? a) 16.18 b) 15.89 c) 15.27