Business, 08.10.2019 21:00 ej02duncan1
Cameron is going to receive an annuity for 44 years of $27,833, and kennedy is going to receive a perpetuity of that same amount. if the appropriate discount rate is 6%, how much more are kennedy's cash flows worth today than cameron's cash flows? (do not include the dollar sign ($). enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. round your answer to 2 decimal places (e. g., 32.
Answers: 3
![Present\ Worth=Annual\ Payment\times[\frac{(1-(\frac{1}{1+r})^{n} }{r}]](/tpl/images/0301/3505/bb187.png)
![Present\ Worth=27,833\times[\frac{(1-(\frac{1}{1.06})^{44} }{0.06}]](/tpl/images/0301/3505/5da63.png)
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Cameron is going to receive an annuity for 44 years of $27,833, and kennedy is going to receive a pe...
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