Question: Question 9 2 pts What is the difference in present value between a perpetuity that pays $8,500 per year and an ordinary annuity that pays

Question 9 2 pts What is the difference in present value between a perpetuity that pays $8,500 per year and an ordinary annuity that pays $8,500 per year for 24 years? Assume a discount rate of 10%. Question 10 2 pts You want to buy a house and have determined you can afford a 30 year mortgage with monthly payments of $1,560. If the APR on the loan is 5.9%, how much home can you afford to buy

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