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3 Practice Quiz gth: 2:00:00 Jean Syriaque: Attempt 1 anuai percentage lale. O effective annual rate. Question 17 (0.2 points) Stuart Weddie's father is 55
3 Practice Quiz gth: 2:00:00 Jean Syriaque: Attempt 1 anuai percentage lale. O effective annual rate. Question 17 (0.2 points) Stuart Weddie's father is 55 years old and wants to set up a cash flow stream that would be forever. He would like to receive $15,000 every year, beginning at the end of this year. If he could invest in account earning 9 percent, how much would he have to invest today to receive his perpetual cash flow? (Round to the nearest dollar.) $200,000 $222,222 $135.200 $166,667 Question 18 (0.2 points) Saved Allen Bell pay the same amount every month on a car loan for a period of three years, the
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