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Author Question: A perpetuity pays $550 at the end of every month. The PV of the perpetuity is $36,000. What is the ... (Read 62 times)

burton19126

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on: Apr 25, 2021

Question 1

A perpetuity pays $550 at the end of every month. The PV of the perpetuity is $36,000. What is the monthly periodic rate on the perpetuity?
◦ 1.53%
◦ 1.62%
◦ 1.85%
◦ 2.04%
◦ 3.25%

Question 2

A perpetuity pays $550 at the end of every month. The PV of the perpetuity is $36,000. What is the nominal annual rate (APR) on the perpetuity?
◦ 18.33%
◦ 9.17%
◦ 19.96%
◦ 13.42%
◦ 15.15%
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Marked as best answer by burton19126 on Apr 25, 2021

britb2u

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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burton19126

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

TheNamesImani

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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