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Business, 01.02.2021 23:30 ShiannBerry

Brodie receives $700 every 12 months forever, starting 16 months from today. If his stated annual interest rate is 13% compounded monthly, what is the present value of this perpetuity?

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Brodie receives $700 every 12 months forever, starting 16 months from today. If his stated annual in...

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