Multiple Choice
If the annual interest rate is i,the present value of $X to be received at the end of each future year forever is:
A) $X/(1 + i) .
B) $X/i.
C) $X/(1 + i) n.
D) $X/i n.
E) $Xn/i n.
Correct Answer:
Verified
Correct Answer:
Verified
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