Question: need a function on excel to get these answers if someone can help me A perpetuity is an annuity that is received forever. If I

need a function on excel to get these answers if someone can help me

A perpetuity is an annuity that is received forever. If I rent my house and at the beginning of each year I receive $14,000, what is the value of this perpetuity? Assume an annual cost of capital of 10 percent. I now have $250,000 in the bank. At the end of each of the next 20 years, I withdraw $15,000 to live on. If I earn 8 percent per year on my investments, how much money will I have in 20 years? Tim Duncan is receiving $ 15 million at the end of each of the next 7 years. He can earn 6 percent per year on his investments. What is the present value of his future revenues

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