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The cash flow associated with restoring and maintaining a local museum is $250,000 now and $80,000 every 8 years forever. Determine its perpetual equivalent annual worth (in years 1 through infinity) at an interest rate of 15% per year.

The answers presented below were calculated using the appropriate factors from interest tables including all their decimal places

-$54,849

-$43,328

-$117,500

-$24,040

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92325924

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