Question: Math Interest Theory/ Financial Math Please Use Formulas 6. (3pts) A perpetuity paying 100 at the end of each 4-month period has a present value
6. (3pts) A perpetuity paying 100 at the end of each 4-month period has a present value of 5000. What is the present value of an annuity paying 100 at the end of every 3 year for 30 years, assuming the same effective interest rate? (Answer: 426.33) 7 (2nts) There is $10 000 in a fund which is c l etin 40/
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
