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Home Q & A Board Science-Related Homework Help Mathematics
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BigFella9503 BigFella9503
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A year ago
Calculate the present value of a perpetuity that will pay out $1,500 every month and the first payment is to be made 10 years from now. The interest rate earned is 9% compounded annually.

▸ $81,587

▸ $82,199

▸ $92,761

▸ $88,546

▸ $87,913
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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anikamazumderanikamazumder
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A year ago
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Anonymous
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6 months ago
Added the solution for you. And here's the video I used to help me do it
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