If you put $ 8000 in a bank every three years forever (on perpetual), what is the present value at 79% compounded annually? Select one: O 28,222 O 29,340 O 2,489 O 35,554 O41,756

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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If you put $ 8000 in a bank every three years forever (on perpetual), what is the present value at 796 compounded annually?
Select one:
O 28,222
O 29,340
O 2,489
O 35,554
O41,756
Transcribed Image Text:If you put $ 8000 in a bank every three years forever (on perpetual), what is the present value at 796 compounded annually? Select one: O 28,222 O 29,340 O 2,489 O 35,554 O41,756
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