Question: Please help explain 16-18 What is the present value of a $100 perpetuity if the interest rate is 7%? If interest rates doubled to 14%,
Please help explain 16-18What is the present value of a $100 perpetuity if the interest rate is 7%? If interest rates doubled to 14%, what would its present value be? You borrow $85,000; the annual loan payments are $8,273.59 for 30 years. What interest rate are you being charged? a. Find the present values of the following cash flow streams at an 8% discount rate
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