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  3. (round to the nearest cent.) i. what is the presen

(Round to the nearest cent.) i. What is the present value of a perpetuity of...

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Finance

(Round to the nearest cent.)

i. What is the present value of a perpetuity of

$1 comma 5001,500

per year discounted back to the present at

66

percent?

$25,000.00 25,000.00

(Round to the nearest cent.)

j. What is the present value of an annuity of

$1 comma 8001,800

per year for 10 years, with the first payment occurring at the end of year 10 (that is, ten

$1 comma 8001,800

payments occurring at the end of year 10 through year 19), given a discount rate of

1212

percent?

$3,667.55 3,667.55

(Round to the nearest cent.)

k. Given a discount rate of

88

percent, what is the present value of a perpetuity of

$1 comma 2001,200

per year if the first payment does not begin until the end of year 10?

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