subject
Mathematics, 19.11.2019 00:31 20011854

Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. that bequest will provide $1000 in the first year, and will grow by 7% per year, forever. if the interest rate is 11%, how much must martin provide to fund this bequest? pv of growing perpetuity = 1000 / (0.11 - 0.07) = $25,

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 18:00
On saturday a souvenir shop had 125 customers.sixty four percent of the costumers paid with a credit card. how many costumers paid with cash?
Answers: 1
question
Mathematics, 21.06.2019 19:30
Find the domain of the following expression: 1/(√x)-2
Answers: 1
question
Mathematics, 21.06.2019 19:30
Solve the following inequalities and show the solution on a number line. 2x+3< 3(4x+5)
Answers: 1
question
Mathematics, 21.06.2019 22:00
What is the solution to the division problem below x3+x2-11x+4/x+4
Answers: 2
You know the right answer?
Martin wants to provide money in his will for an annual bequest to whichever of his living relatives...
Questions
question
Mathematics, 02.02.2021 23:10
question
Mathematics, 02.02.2021 23:10
question
Mathematics, 02.02.2021 23:10
question
English, 02.02.2021 23:10
question
Mathematics, 02.02.2021 23:10
question
Mathematics, 02.02.2021 23:10
Questions on the website: 13722367