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Question 2 0.5 pts Your Brother Marcus that he has put you down in his will for an annuity that will pay $50 next year
Question 2 0.5 pts Your Brother Marcus that he has put you down in his will for an annuity that will pay $50 next year and grow at an annual rate of 2%. The payments will go on forever and interest rate is 5%. What is the value of the growing perpetuity? O $2.015 O $1,667 O $764 O $1,567 O None of the above
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