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What is the present value of a perpetuity of $30,000 received at the end of each year when the interest rate is 2% per annum?
What is the present value of a perpetuity of $30,000 received at the end of each year
when the interest rate is 2% per annum?
a) $1,566,667 b) $1,500,000 c) $1,743,874 d) $1,206,408
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Teaching Public Budgeting And Finance
Authors: Meagan M. Jordan, Bruce D. McDonald III
1st Edition
1032146680, 978-1032146683
