What is the present value of a perpetual stream of annual cash flows of $110?, with the first cash flow to be received in one? year, assuming a discount rate of 8 ?percent?
The present value of the perpetuity is ?$_____. ?(Round to the nearest? cent)
The present value of the perpetuity is ?$1,375.00.
You might also like to view...
Simplify the complex rational expression.
A.
B.
C.
D.
Determine whether the relation represents a function. If it is a function, state the domain and range.
A. function domain: {Alice, Brad, Carl} range: {cat, dog} B. function domain: {cat, dog} range: {Alice, Brad, Carl} C. not a function
Use a proportion to solve the problem.On a map of the Thunderbird Country Club golf course, 2.5 inches represent 30 yards. How long is the 17th hole if the map shows 13.5 inches?
A. 405 yards B. 162 yards C. 1012.5 yards D. 5.6 yards
Completely factor the polynomial or state that the polynomial is prime.20x2 + 23x + 6
A. (4x - 3)(5x - 2) B. (20x + 3)(x + 2) C. prime D. (4x + 3)(5x + 2)