Question: NEED ASAP please!! You would like to purchase a delayed perpetuity, which pays $1200 every year. You would like this perpetuity to start 30 years
NEED ASAP please!!
You would like to purchase a delayed perpetuity, which pays $1200 every year. You would like this perpetuity to start 30 years later. The asset requires you to make the same deposit every year starting from today and end a year before the perpetuity startst How much is the deposit every year? The interest rate is at 5%. (Round to Integer)
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