Question: just plssss do everything step by step like this is the 5th time posting my question and the same person doing all my questions wrong.
just plssss do everything step by step like this is the 5th time posting my question and the same person doing all my questions wrong.
i need to understand everything for this question like i do not need hints.
i need to know how to get everystep like the n the I the p/y all of these things
12. Find the present value of the following perpetuity. Perpetuity Made Payment Interest Conversion Payment At: Period Rate Period $390 beginning 3 months 5.3% monthly Find the present value. Do not approximate the answer. The present value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Answer: 29,694.34 . . . Using financial calculator 1=5.3 C/Y=12 P/Y-4 PMT=390 FV=0 N-1000 CPT PV=29694.34
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