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An investment will offer $800 per year forever, starting 7 years from today. If the relevant interest rate is 10% per year (as an EAR),
An investment will offer $800 per year forever, starting 7 years from today. If the relevant interest rate is 10% per year (as an EAR), the value of the investment today is Margin of error for correct answers: +/-.05. Do not enter commas or a dollar sign. Do not round any intermediate work. Round your final answer to 2 decimal places (ex: if your answer is 12.345678 then you should enter 12.35)
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