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Check My Work (3 remaining) eBook What is the present value of an $800 perpetuity if the interest rate is 4%? If interest rates doubled

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Check My Work (3 remaining) eBook What is the present value of an $800 perpetuity if the interest rate is 4%? If interest rates doubled to 8%, what would its present value be? Round your answers to Che nearest cent. Present value at 4%: $ Present value at 8%: $

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