Asked by Natasha
how much money is required to fund an ordinary perpetuity of $1000 quarterly if money can earn 6% compounded quarterly
using PV = PMT / i gives me:
1000/0.015 = 66 666.66
feels so wrong..
using PV = PMT / i gives me:
1000/0.015 = 66 666.66
feels so wrong..
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