Suppose that interest is compounded continuously at nominal rate 7%. Find the present value of a perpetuity that entitles its owner to be paid £230 at the end of each year indefinitely. Enter your answer correct to 3 significant digits, but do not include the pound sign. For example if your answer is £1230, enter 1230. Answer:

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A: If you have any problem let me know in comment section thank you.

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A: Step 1: Step 2:Step 3: Step 4:Step 5:Answer:

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