Mathematics
Mathematics, 06.03.2020 18:58, sineguguhopengw3912

A perpetuity has payments of 1, 1, 2, 1, 1, 3, 1, 1, 4,... Payments are made at the end of each year. Assuming an annual effective interest rate of 5%, find the present value of the perpetuity.

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A perpetuity has payments of 1, 1, 2, 1, 1, 3, 1, 1, 4,... Payments are made at the end of each year...

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