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Please show all work, thank you Given an interest rate of 6.55 percent per year, what is the value at Year 11 of a perpetual

image text in transcribedPlease show all work, thank you

Given an interest rate of 6.55 percent per year, what is the value at Year 11 of a perpetual stream of $3,300 payments that begin at Year 20? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

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