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26 May, 11:44

Whats the percent value of a $150 payment made every year forever at an interest rate of 73%?

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  1. 26 May, 12:37
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    The answer $205.48

    Explanation

    Since the amount is $150, rate is 73%

    PV to perpetuity = $150/0.73

    =205.48

    Therefore the answer is $205.48
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