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A perpetuity has a PV of $24,000. If the interest rate is 5%, how much will the perpetuity pay every year? OA. $1,200 OB. $600
A perpetuity has a PV of $24,000. If the interest rate is 5%, how much will the perpetuity pay every year? OA. $1,200 OB. $600 O C. $960 D. $720
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