Question
Question content area top Part 1 PerpetuitiesConsider the data in the following table Annual amount Discount rate $24,000 18% Determine the present value of the
Question content area top Part 1 PerpetuitiesConsider the data in the following table
| Annual amount | Discount rate |
| $24,000 | 18% |
Determine the present value of the perpetuity.
The present value of the perpetuity is$ ?.(Round to the nearest dollar.)
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0256147175, 978-0256147179
