Question: PERPETUITY AND ANNUITY Please include complete solution to the problem. Do not shortcut formulas and solution so that I could understand it. Will give feedback.
PERPETUITY AND ANNUITY
Please include complete solution to the problem. Do not shortcut formulas and solution so that I could understand it. Will give feedback.

If money is worth 5% compounded quarterly, compute the present value of the perpetuity of P 2500.00 payable quarterly
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