Question: Susan purchases a perpetuity that makes continuous payments at a rate of 600 per year. The price of the perpetuity is determined using a continuously

Susan purchases a perpetuity that makes continuous payments at a rate

Susan purchases a perpetuity that makes continuous payments at a rate of 600 per year. The price of the perpetuity is determined using a continuously compounded annual interest rate of 12%. Calculate the price that Susan pays for the perpetuity

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