If you're using the app, try seeing this answer through your browser: brainly.com/question/3184618
——————————
Therefore,
I hope this helps. =)
——————————
Therefore,
I hope this helps. =)
(5) On January l, 1988, Felix inherited a perpetuity with annual payments beginning in six months. The first payment was $3,000,
and after that the payments increased by 3% each year. Find the value of this perpetuity on January 1, 1995 if the annual effective interest rate was 6% from January I, 1988 through January I, 1996 and 4% thereafter.
1 answer:
You might be interested in
