11/07/20

Elementary math
Multiplication: Regrouping What is 90 x 9= ? 90x 9-----
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06/21/19

Your friend promises you a perpetuity of paying you some money forever.If the first payment is at year 2, the first payment is $10 and PV0 for this perpetuity is $150, what is the interest rate?
The friend is paying money yearly. Please help me decide which formula to use and clear steps to take. Thanks!
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Expert Answers •1

06/21/19

Your friend promises you a perpetuity of paying you some money every year forever. If the first payment is at year 1, r = 10% and PV0 for this perpetuity is $80, what is the first payment ?
Please state which formula to use, as well as step by step instructions. Thank you!
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