Find the value of an investment
Problem:
Find the value of an investment (perpetuity) that pays you $6,000 annually forever but returns no principle. Find the interest rate or payment of the same type of investment.
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What would be the additional funds needed? Explain in detail and provide step by step solution.
Layman here. So I have never really quite understood this facet of human evolution, (or any other for that matter), in that, I understand the evolutionary process, but I get lost on the 'border' cases.
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I asked a question related to the third sex, and I came to know that its always possible to categorize a human to male or female with presence of Y chromosome.
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