Question
What is the present value of a sum of money equaling $1,680 that you will receive in perpetuity if the interest rate is 9%?
What is the present value of a sum of money equaling $1,680 that you will receive in perpetuity if the interest rate is 9%?
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
1259252221, 007786168X, 9781259252228, 978-0077861681
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