Question: Please show answer in excel with formulas 2. Using a discount rate of 9.6% APR, compounded monthly, calculate the present value of a monthly perpetuity

 Please show answer in excel with formulas 2. Using a discount

Please show answer in excel with formulas

2. Using a discount rate of 9.6% APR, compounded monthly, calculate the present value of a monthly perpetuity con- sisting of $5250 payments if: (a) the first payment is made today (2 pts.), (b) the first payment is made one month from now (2 pts.), and (c) the first payment is made 40 months from now (2 pts.)

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