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You are going to pay $ 8 0 0 into an account at the beginning of each of 2 0 years. The account will then
You are going to pay $ into an account at the beginning of each of years. The account will then be left to compound for an additional years until the end of year when it will turn into a perpetuity. You will receive the first payment from the perpetuity at the end of the year. If the account pays how much will you receive from the perpetuity each year rounded to nearest $
A $
B $
C $
D $
Answer this question using Excel.
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