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A perpetuity has a PV of $35,000. If the interest rate is 7%, how much will the perpetuity pay every year? A. $1,225 B. $1,960
A perpetuity has a PV of $35,000. If the interest rate is 7%, how much will the perpetuity pay every year? A. $1,225 B. $1,960 C. $1,470 D. $2,450
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