QUESTION 1 HAS BEEN ANSWERED, LOOKING FOR HELP WITH QUESTION 2

{With CF>0 and 0. We know that PV= i=1nCF(1+r)i converges to PV= CFr as n approaches . Create a numerical example to show that this is so and explain the relevance of this convergence with respect to the estimation of income property valuation.}

2. We know that Question 1 is true; however, there is an open question about which rates (higher or lower) converge faster? Create an example to illustrate which rates (higher or lower) converge faster. Once you have determined which rates converge faster, explain the implication of your finding when valuing income producing properties.