Question: How do I solve this with a BAII Plus calculator? What is the present value of an $800 perpetuity if the interest rate is 8%
How do I solve this with a BAII Plus calculator?

What is the present value of an $800 perpetuity if the interest rate is 8% ? If interest rates doubled to 16%, what would its present value be? Round your answers to the nearest cent. Present value at 8% : \$ Present value at 16% : $
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