Mathematics
Mathematics, 16.07.2020 17:01, austinwst3

John receives a perpetuity paying 2 at the end of year 4, 4 at the end of year 6, 6 at the end of year 8, etc. The present value of this perpetuity at an annual effective rate of 10% equals X. Calculate X

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John receives a perpetuity paying 2 at the end of year 4, 4 at the end of year 6, 6 at the end of ye...

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