Q25 Perpetuities Consider the data in the following table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet ) Annual amount Discount rate $22,000 11 Determine the present value of the perpetuity The present value of the perpetuity is $ (Round to the nearest dollar )

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Q25/ Perpetuities Consider the data in the following table.(Click on the icon here in order to copy the contents of the data table below into

Q25/

PerpetuitiesConsider the data in the following table.(Click on the icon here

in order to copy the contents of the data table below into a spreadsheet.)

Annual amount	Discount rate
$22,000	11%

Determine the present value of the perpetuity.

The present value of the perpetuity is $?. (Round to the nearest dollar.)

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