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Answer question 4 ASAP, please A perpetuity makes payments every five years with a first payment of 2 to be paid five years from now.
Answer question 4 ASAP, please
A perpetuity makes payments every five years with a first payment of 2 to be paid five years from now. Each subsequent payment is 10 more than the previous payment. The annual effective interest rate is 9%. Calculate the present value of the perpetuity. \begin{tabular}{|c|} \hline 3437 \\ \hline 35.80 \\ \hline 36.33 \\ \hline 37.12 \\ \hline 38.18 \\ \hline \end{tabular} Step by Step Solution
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