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Quiz: Chapter 5 Quiz This Question: 1 pt (Perpetuities) What is the present value of the following? a. A $500 perpetuity discounted back to the
Quiz: Chapter 5 Quiz This Question: 1 pt (Perpetuities) What is the present value of the following? a. A $500 perpetuity discounted back to the present at 15 percent b. A $4,000 perpetuity discounted back to the present at 19 percent c. A $100 perpetuity discounted back to the present at 16 percent d. A $75 perpetuity discounted back to the present at 12 percent a. What is the present value of a $500 perpetuity discounted back to the present at 15 percent? (Round to the nearest cent.) b. What is the present value of a $4,000 perpetuity discounted back to the present at 19 percent? $(Round to the nearest cent.) c. What is the present value of a $100 perpetuity discounted back to the present at 16 percent? (Round to the nearest cent.) d. What is the present value of a $75 perpetuity discounted back to the present at 12 percent? (Round to the nearest cent)
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