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How much more is a perpetuity of $500 worth than an annuity of the same amount for 10 years? Assume an interest rate of 12%

How much more is a perpetuity of $500 worth than an annuity of the same amount for 10 years? Assume an interest rate of 12% and cash ows at the end of each period.

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$2,000.00
$1,297.29
$1,635.08
$1,341.56

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