tiffneypinto tiffneypinto

10-11-2019
Business

contestada

whats the percent value of a $150 payment made every year forever at an interest rate of 73%?

Respuesta :

Adedokuntunde6 Adedokuntunde6

11-11-2019

The answer $205.48

Explanation

Since the amount is $150, rate is 73%

PV to perpetuity = $150/0.73

=205.48

Therefore the answer is $205.48

Answer Link

Otras preguntas

Jqjwjhwjwkwbwbw please help

What did the burial artifacts found in the Harlan Mound site prove? A. Mound builders lived in Oklahoma 9,000 years ago. B. Mound builders invented Clovis spear

What Is a high-temperature physical state of matter in which atoms lose their electrons?

Elsie and Jonny are washing some cars. Elsie has washed 8/25 of all the cars. Jonny has washed 35% of all the cars. Who has washed the most cars?

Briefly describe the changes that Confucius’ ideas led to in India with Buddhism and Hinduism. Thank you!

Given: f(x)=x^2 and g(x)=x+1 find g[f(-2)]

The Magna Carta placed limits on the government and indicated that the monarch ?

What did the men who signed the Declaration of Independence on behalf of South Carolina have in common

Which of the following is the number one method of financing for most new businesses? Investment capital Self-financing Previous business sales Lottery winnings

Which of the following terms refers to a promise made to lenders by a borrower? Record Covenant Bargain Investiture