Social Studies
Social Studies, 01.12.2021 01:10, Angel1107

If you receive a fixed amount of money per year ( M=$4,400 as annuity) and the interest you could earn is 3% (I=3% (.03)) Over a long lifetime what would be the present value of this money ( the perpetuity) be worth— an approximation?

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If you receive a fixed amount of money per year ( M=$4,400 as annuity) and the interest you could ea...

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