At some effective interest rate i , the present value of a perpetuity - due with semiannual

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Question:

At some effective interest rate i

,

the present value of a perpetuity

-

due with semiannual payments of

350

is X

.

At the same effective interest rate, the present value of a

10 -

year annuity

-

immediate with quarterly payments of

308.98

is also X

.

Calculate X

.

Posted Date: May 18, 2024 04:14 PM

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