Business, 28.02.2020 22:22 lyssa128

Mary is going to receive a 34-year annuity of $9,900. Nancy is going to receive a perpetuity of $9,900. If the appropriate interest rate is 12 percent, how much more is Nancy’s cash flow worth? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

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