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** Use N, I/Y, PV, PMT, and FV buttons on Texas Instrument BAII Financial Calculator and include what values were inputted and the end result.

** Use N, I/Y, PV, PMT, and FV buttons on Texas Instrument BAII Financial Calculator and include what values were inputted and the end result. Also include timeline breakdown. ** image text in transcribed
10. Calculating Perpetuity Values [LO1] The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $30,000 per year forever. If the required return on this investment is 5.6 percent, how much will you pay for the policy? N I PV PMT FV 1 5.6 ? Payment for Policy = $535,714.29 T

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