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Consider a perpetuity which pays $160 at the end of each quarter- year forever. Using an interest rate of i(4) 12.4% find the following: (Answers

Consider a perpetuity which pays $160 at the end of each quarter- year forever. Using an interest rate of i(4) 12.4% find the following: (Answers to the nearest cent) The present value of the perpetuity. The answer to the nearest dollar is $5,161. Find the answer to the nearest cent. Number Assuming that the first payment is doubled to $320 and the subsequent payments are all $160 each. Find the present value. Number Assuming that the first 12 payments are doubled to $320 each and the subsequent payments are all $160 each. Find the present value. Number

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