Perpetuities and Annuities - Corporate Finance - Ivo Welch
Perpetuities and Annuities - Corporate Finance - Ivo Welch
Perpetuities and Annuities - Corporate Finance - Ivo Welch
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The prevailing interest rate is 10%/year. If you want to<br />
draw $100,000 each year to cover 18 years of expenses,<br />
how much would you have to set aside?<br />
44/1