Question
PerpetuitiesConsider the data in the following table. Annual Amount: $20,000 Discount Rate: 24% Determine the present value of the perpetuity The present value of the
PerpetuitiesConsider the data in the following table.
Annual Amount:
$20,000
Discount Rate:
24%
Determine the present value of the perpetuity
The present value of the perpetuity is? (round to the nearest dollar)
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
11th edition
134141083, 978-0134141084
