Revision as of 19:09, 18 November 2023 by Admin (Created page with "A perpetuity makes payments every five years with a first payment of 2 to be paid five years from now. Each subsequent payment is 10 more than the previous payment. The annual effective interest rate is 9%. Calculate the present value of the perpetuity. <ul class="mw-excansopts"><li>34.47</li><li>35.80</li><li>36.33</li><li>37.12</li><li>38.18</li></ul> {{soacopyright | 2023 }}")
ABy Admin
Nov 18'23
Exercise
A perpetuity makes payments every five years with a first payment of 2 to be paid five years from now. Each subsequent payment is 10 more than the previous payment. The annual effective interest rate is 9%.
Calculate the present value of the perpetuity.
- 34.47
- 35.80
- 36.33
- 37.12
- 38.18
ABy Admin
Nov 18'23