If an annuity can make an unending number of equal payments at the end of the interest periods, it is called a perpetuity. If a lump sum investment of An is needed to result in n periodic payments of R when the interest rate per period is i, then

An R1-(1+i)-

(a) Evaluate lim n→[infinity] An to find a formula for the lump sum payment for a perpetuity.

(b) Find the lump sum investment needed to make payments of $90 per month in perpetuity if interest is 6%, compounded monthly. (Round your answer to the nearest cent.)
$

1.3.25 question suppose 40​% of all voters voted for a particular candidate. to simulate exit polls regarding whether or not voters voted for this​ candidate, five random samples of size 1010 and five random samples of size 10001000 have been generated using technology using a population proportion of 0.400.40​, with the accompanying results. complete parts a through c below. click the icon to view the simulation results. a. observe how the sample proportions of successes vary around 0.400.40. simulation compared to sample prop simulation compared to sample prop 1 ▾ 6 ▾ greater than 0.40 less than 0.40 equal to 0.40 2 ▾ less than 0.40 greater than 0.40 equal to 0.40 7 ▾ greater than 0.40 less than 0.40 equal to 0.40 3 ▾ greater than 0.40 less than 0.40 equal to 0.40 8 ▾ equal to 0.40 greater than 0.40 less than 0.40 4 ▾ greater than 0.40 equal to 0.40 less than 0.40 9 ▾ less than 0.40 greater than 0.40 equal to 0.40 5 ▾ equal to 0.40 less than 0.40 greater than 0.40 10 ▾ equal to 0.40 greater than 0.40 less than 0.40 click to select your answer(s) and then click check answer. 2 parts remaining clear all check answer