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The present values of the following incomes are equal: Yo. A matured perpetuity that pays 1 per year, calculated with an annual effective interest rate
The present values of the following incomes are equal: Yo. A matured perpetuity that pays 1 per year, calculated with an annual effective interest rate of 7.25%. ii. An income due in 50 years that pays 1 per year, calculated with an effective annual interest rate of j%. iii. An income due in n years that pays 1 per year, calculated with an annual effective interest rate of (j2)%. Calculate n
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