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9) 20 Points Aaron will receive a perpetuity of $16,000 per year, while Barron will receive a $16,000 annual payment, the beginning of each year,
9) 20 Points Aaron will receive a perpetuity of $16,000 per year, while Barron will receive a $16,000 annual payment, the beginning of each year, for the next 50 years. The interest rate for both is 6 %. Which set of payments is worth more now? Show each value and the difference
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