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Need help will thumbs up thanks 5. Calculate the present value of a perpetuity, which pays $1,000 every year, if the annual interest rate is
Need help will thumbs up thanks
5. Calculate the present value of a perpetuity, which pays $1,000 every year, if the annual interest rate is 10% 6. Calculate the present value of a perpetuity, which currently pays $1,000 every year. The payment is expected to grow 2% starting next year. Assume the annual interest rate is 10% 7. What is the present value of a 180-month annuity which pays $500 a month? Assume the annual interest rate of 7%Step by Step Solution
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