How much more money is required to fund a perpetuity that pays $450 at the beginning of

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How much more money is required to fund a perpetuity that pays $450 at the beginning of each month than an annuity that pays $450 per month for 22 years if the interest rate is 5.2% compounded annually?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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