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A perpetuity will make a sequence of annual payments of 3100,3310,3520,, with the first payment coming a year from now. If the present value is

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A perpetuity will make a sequence of annual payments of 3100,3310,3520,, with the first payment coming a year from now. If the present value is 155729.16 dollars, what is the effective rate of interest? Answer = percent

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