Question
How much more is a perpetuity of$1,000worth than an annuity of the same amount for20years?Assume a10%interest rate and cash flows at end of period.(round to
How much more is a perpetuity of$1,000worth than an annuity of the same amount for20years?Assume a10%interest rate and cash flows at end of period.(round to the nearest cent)
a. $ 297.29
b. $1,486.44
c. $1,635.08
d. $2,000.00
e. None of the above
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Technical Analysis The Complete Resource for Financial Market Technicians
Authors: Charles D. Kirkpatrick, Julie R. Dahlquist
1st edition
134137043, 134137049, 978-0131531130
