Question: please show all work and do not use excel 9. Two payment streams have the same present value under effective annual interest rate of 9%:
please show all work and do not use excel
9. Two payment streams have the same present value under effective annual interest rate of 9%: 3 annual payments of 300, beginning in one year, followed by a monthly perpetuity of $X. 10 payments of 1000 every two years, beginning today. Calculate X
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