A deferred perpetuity-due begins payments at time n with
A deferred perpetuity-due begins payments at time n with annual payments of $1,000 per year. If the present value of this perpetuity-due is equal to $6,561 and the effective rate of interest i=1/9, find n. To be computed by hand, not in excel.
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a deferred perpetuity-due begins payments at time n with annual payments of 1000 per year if the present value of this
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