How much more is a perpetuity of $800 worth than an annuity of the same amount for 20 years? Assume an interest rate of
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How much more is a perpetuity of $800 worth than an annuity of the same amount for 20 years? Assume an interest rate of
How much more is a perpetuity of $800 worth than an annuity of the same amount for 20 years? Assume an interest rate of 12.5% and cash flows at the end of each period.
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