question archive Find the present value of a perpetuity that produces annual payments of $8500 once per year, starting one year from now

Find the present value of a perpetuity that produces annual payments of $8500 once per year, starting one year from now

Subject:MathPrice: Bought3

Find the present value of a perpetuity that produces annual payments of $8500 once per year, starting one year from now. Assume an effective rate of interest of 8.8%.

Answer = $ ...

 

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