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A perpetuity pays dollars annually at the time of the second payment the present value of the entire perpetuity

 
 

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1.A perpetuity pays 520 dollars annually. At the time of the second payment, the present value of the entire perpetuity ...

entire perpetuity (including the first payment) is 6300 dollars. What is the smallest possible effective rate of interest?
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1.AU MAT 120 Systems of Linear Equations and Inequalities Discussion

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