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Derek receives a perpetuity. It has annual payments with the first payment in exactly eight years. The first payment is $ 1 0 , 0
Derek receives a perpetuity. It has annual payments with the first payment in exactly eight years. The first payment is $ the secont payment is $ and then the payments alternate between $ and $ until there have been a total of thirty payments. After that, the payments are all $ Find the present value of this perpetuity if the effective interest rate is
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