Determine the difference in annual worth between an investment of $100,000 per year for 50 years and
Question:
Determine the difference in annual worth between an investment of $100,000 per year for 50 years and an investment of $100,000 per year forever at an interest rate of
(a) 5%
(b) 10% per year. Compare the two differences.
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a AW 50 100000AP550 100000005478 547...View the full answer
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