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(Perpetuities) What is the present value of the following? a. A $800 perpetuity discounted back to the present at 8 percent b. A$3,500 perpetuity discounted

image text in transcribed (Perpetuities) What is the present value of the following? a. A $800 perpetuity discounted back to the present at 8 percent b. A$3,500 perpetuity discounted back to the present at 12 percent c. A $110 perpetuity discounted back to the present at 9 percent d. A $95 perpetuity discounted back to the present at 5 percent a. What is the present value of a $800 perpetuity discounted back to the present at 8 percent? \$ (Round to the nearest cent.) b. What is the present value of a $3,500 perpetuity discounted back to the present at 12 percent? $ (Round to the nearest cent.) c. What is the present value of a $110 perpetuity discounted back to the present at 9 percent? $ (Round to the nearest cent.) d. What is the present value of a $95 perpetuity discounted back to the present at 5 percent? $ (Round to the nearest cent.)

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