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Posted: **Fri Jul 01, 2022 7:51 am**

: 11 Problem 5 16 Present Value Of A Perpetuity 2 Ebook What Is The Present Value Of A 300 Perpetuity If The Interest 1 (11.98 KiB) Viewed 21 times

11. Problem 5.16 (Present Value of a Perpetuity) 2 eBook What is the present value of a $300 perpetuity if the interest rate is 10%? If interest rates doubled to 20%, what would its present value be? Round your answers to the nearest cent. Present value at 10%: $ Present value at 20%: $