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An perpetuity has payments that consists of level monthly payments totaling to $600 per year and are made at the beginning of each month. The
An perpetuity has payments that consists of level monthly payments totaling to $600 per year and are made at the beginning of each month. The annual effective interest rate is 8%. Which of these would give the present value of this annuity? Select all that apply Choice A: Formula 600 128% Choice D: Formula 600 128% B: 50 125% E: 50 (12) 50 a 7.7208% 50 a 7.7208% An perpetuity has payments that consists of level monthly payments totaling to $600 per year and are made at the beginning of each month. The annual effective interest rate is 8%. Which of these would give the present value of this annuity? Select all that apply Choice A: Formula 600 128% Choice D: Formula 600 128% B: 50 125% E: 50 (12) 50 a 7.7208% 50 a 7.7208%
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