How much less is a perpetuity of $2,000 worth than an annuity due of the same...

   

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How much less is a perpetuity of $2,000 worth than an annuity due of the same amount for 30 payments (in $ dollars)? Assume an interest rate of 10%. $ How much less is a perpetuity of $2,000 worth than an annuity due of the same amount for 30 payments (in $ dollars)? Assume an interest rate of 10%. $

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To find the difference in value between a perpetuity and an annuity due both paying 2000 annually fo... View the full answer