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How much more is a perpetuity of $5,000 worth than an annuity of the same...

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Accounting

How much more is a perpetuity of $5,000 worth than an annuity of the same amount for 20 years? Assume a required rate of return of 7% and cash flows at the end of each period.

A bank offers you 2.5% interest rate per quarter on your deposit. If you invest $100 in the beginning, what will be the ending account value after 3 years?

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