Question: Problem 5. If X is the present value of a perpetuity of 1 per year with the first payment at the end of the second

Problem 5. If X is the present value of a perpetuity

Problem 5. If X is the present value of a perpetuity of 1 per year with the first payment at the end of the second year and 20X is the present value of a series of annual payments 1,2,3, with the first payment at the end of the third year, find the value of d. (10 points)

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