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Heybonita Heybonita
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10 months ago
What sum of money, invested today in a perpetual fund earning 5.5% compounded semiannually, will sustain quarterly perpetuity payments of $1000 if the first payment is made:


a) Three months from today?
b) One year from today?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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darlenadarlena
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10 months ago
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Heybonita Author
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10 months ago
Helped a lot
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Smart ... Thanks!
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