Find the present value of perpetuity that pays per year
What's the present value of a perpetuity that pays $3,800 per year if the appropriate interest rate is 5%?
i) $76,000.00ii) $90,440.00iii) $92,720.00iv) $71,440.00v) $63,840.00
Now Priced at $5 (50% Discount)
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What's the present value of $1,675 discounted back 5 years if the appropriate interest rate is 6%, compounded monthly?
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