Question
If the product promises an initial payment of $25,000 at the end of this year and subsequent payments that will thereafter grow at a rate
If the product promises an initial payment of $25,000 at the end of this year and subsequent payments that will thereafter grow at a rate of 0.02 annually. What is thediscounted rate of 0.10 for investment products, what is the present value of this growing perpetuity?
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Transportation A Global Supply Chain Perspective
Authors: John J. Coyle, Robert A. Novak, Brian Gibson, Edward J. Bard
8th edition
9781305445352, 1133592961, 130544535X, 978-1133592969
