Question: The present value of a perpetuity is equal to the payment on the annuity, PMT, divided by the interest rate, r: PVP=PMT/r. what is the
The present value of a perpetuity is equal to the payment on the annuity, PMT, divided by the interest rate, r: PVP=PMT/r. what is the sum, or future value, of the perpetuity of PMT dollars per year?
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A perpetuity is an infinitelived annuity It is constant ... View full answer
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