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  3. (1 point) a perpetuity will make annual payments,

(1 point) A perpetuity will make annual payments, with the first payment coming 10 years...

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Accounting

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(1 point) A perpetuity will make annual payments, with the first payment coming 10 years from now. The first payment is for 4600 dollars and each payment that follows is 130 dollars more than the one before. If the effective rate of interest is 4.8 percent, what is the present value? Answer = 152256.9444 dollars

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