A perpetuity is to pay $27,000 at the end of every six months. How much less...

  

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A perpetuity is to pay $27,000 at the end of every six months. How much less money is required to fund the perpetuity if the money can be invested to earn 6% compounded semiannually instead of 5% compounded semiannually? (Do not round intermediate calculations.) less money is required %24 A perpetuity is to pay $27,000 at the end of every six months. How much less money is required to fund the perpetuity if the money can be invested to earn 6% compounded semiannually instead of 5% compounded semiannually? (Do not round intermediate calculations.) less money is required %24