The present value of an increasing perpetuity due with, Financial Management

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The present value of an increasing perpetuity due with

The present value of an increasing perpetuity due with quarterly payments $100, $200, $300, etc. is three times the present value of a perpetuity immediate with level queerly payments $500. If both perpetuities use the same annual effective interest rate, find the present value of the second perpetuity? (With level payments)

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