SOLUTION: A perpetuity pays 1800 dollars on January 1 of 1980, 1982, 1984, ..., and pays
dollars on January 1 of 1981, 1983, 1985, ... If the present value on January 1, 1975 is 27000 dol
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-> SOLUTION: A perpetuity pays 1800 dollars on January 1 of 1980, 1982, 1984, ..., and pays
dollars on January 1 of 1981, 1983, 1985, ... If the present value on January 1, 1975 is 27000 dol
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Question 1201234: A perpetuity pays 1800 dollars on January 1 of 1980, 1982, 1984, ..., and pays
dollars on January 1 of 1981, 1983, 1985, ... If the present value on January 1, 1975 is 27000 dollars, and the effective rate of interest is 7.9 percent, what is
?
Answer =
dollars. Answer by ikleyn(52776) (Show Source):
