What is the present value of $500 paid each year forever, assuming a discount rate of 5%

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What is the present value of $500 paid each year forever, assuming a discount rate of 5% and the first payment is received one year from now?

Please round your answer to the nearest hundredth.

Posted Date: May 19, 2024 10:11 AM

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What is the present value of $500 paid each year forever, assuming a discount rate of 5%

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