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A perpetuity starting January 1, 2019 pays 100 every January 1 in odd years (that...

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Accounting

A perpetuity starting January 1, 2019 pays 100 every January 1 in odd years (that is, on January 1, 2019, January 1, 2021, and so on) and 150 every January 1 in even years (that is, on January 1, 2020, January 1, 2022, and so on). Find the present value at a compound interest rate of i (i > 0) per year of the perpetuity on January 1, 2019.
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7. A perpetuity starting January 1, 2019 pays 100 every January 1 in odd years (that is, on January 1, 2019, January 1, 2021, and so on) and 150 every January 1 in even years (that is, on January 1, 2020, January 1, 2022, and so on). Find the present value at a compound interest rate of i (i > 0) per year of the perpetuity on January 1, 2019

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