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revAdmin (Created page with "'''Solution: D''' Equate the accumulated value of the deposits to the present value of the perpetuity: <math display = "block"> \begin{aligned} (Is)_{\overline{10}|} = \frac{\ddot{s}_{\overline{10}|}}{i} = \frac{10}{i} \\ \ddot{s}_{\overline{10}|}-10 = 10 \\ \ddot{s}_{\overline{10}|} = 20 (\textrm{using the BAII Plus}) \implies i = 12.3\% \end{aligned} </math> The PV of the perpetuity is 10/0.123 = 81.30. {{soacopyright | 2023 }}")Nov 18'23 at 12:13+437