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revAdmin (Created page with "A family purchases a perpetuity-immediate that provides annual payments that decrease by 0.4% each year. The price of the perpetuity is 10,000 at an annual force of interest of 0.06. Calculate the amount of the perpetuity’s first payment. <ul class="mw-excansopts"><li>604</li><li>620</li><li>640</li><li>658</li><li>678</li></ul> {{soacopyright | 2023 }}")Nov 18'23 at 11:47+360