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i need both questions answered individually, please! You will receive $1500 per year one year from today. This payment will grow at a constant rate
i need both questions answered individually, please!
You will receive $1500 per year one year from today. This payment will grow at a constant rate of 4% forever. What is the value of this perpetuity today with 15% of annual interest rate? 12525.2513636.3614747.4715858.58 Question 12 (1 point) Saved You have invested your money into a project that will pay you $1,000 starting 7 years from today (t=7) and will continue to pay out until 17 years from today (t= 17). If the interest rate is 4% p.a., then the value of your investment today (t=0) is $ 5425.366198.226923.537012.25 Step by Step Solution
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