Question: Present Value of a Perpetuity What's the present value, when interest rates are 6.80 percent, of a $230 payment made every year forever? a)$3,382.35 b)$2,300.00

Present Value of a Perpetuity What's the present value, when interest rates are 6.80 percent, of a $230 payment made every year forever?

a)$3,382.35

b)$2,300.00

c)$15.64

d)$1,564.00

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