question archive What is the present value of a perpetuity that pays $250 each year forever? Assume the interest rate to be 4% per annum
Subject:FinancePrice: Bought3
What is the present value of a perpetuity that pays $250 each year forever? Assume the interest rate to be 4% per annum. Round the aswer to the nearest dollar and report it without the sign A loan of $1,000 carries an annual interest of 6%. If the annual payments are 5120 how long will it take for the loan to be paid off Round your answer to the nearest round number. The current balance in my IRA account is $30,000. I plan to contribute $3,000 each year for the next 20 years. What will be the balance in my IRA account at the end of the 20 years if the annual rate of return is 10. Round your answer to the nearest dollar and report it without the $ sign