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calculate the present value using I = 9%. Year 1: $0 Year 2: $0 Year 3: $0 Year 4: $200 Year 5: $200 $200 will

calculate the present value using I = 9%.

Year 1: $0

Year 2: $0

Year 3: $0

Year 4: $200

Year 5: $200

$200 will last forever.

Is this annuity? perpetuity? delayed annuity? delayed perpetuity? etc.)

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