Mo will receive a perpetuity of $34,000 per year forever while curly will receive the same annual
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Mo will receive a perpetuity of $34,000 per year forever while curly will receive the same annual payment for the next 50 years. If the interest rate is 7.8% how much more are Mo's payments worth?
Related Book For
Engineering Economic Analysis
ISBN: 9780195168075
9th Edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
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