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What is the value today of an investment that pays $1,800 every two years forever starting one year from today and $3,600 every two years
What is the value today of an investment that pays $1,800 every two years forever starting one year from today and $3,600 every two years forever starting two years from today if the APR is 7.50% compounded quarterly? That is, a $1,800 payment occurs 1 year from today, a $3,600 payment 2 years from today, a $1,800 payment 3 years from today, and so on. $32,841 $33,706 $34,570 $35,434 $36,298
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