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A perpetuity has a PV of $40,000. If the interest rate is 6%, how much will the perpetuity pay every year?
A perpetuity has a PV of $40,000. If the interest rate is 6%, how much will the perpetuity pay every year?
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
