(present value of a growing perpetuity) what is the present value of a perpetual stream of cash flows that pays $3,500 at the end of year one and the annual cash flows grow at a rate of 4% per year indefinitely, if the appropriate discount rate is 10%? what if the appropriate discount rate is 8%?

11.2

step-by-step explanation:

when doing tangent the tangent of the angle is equal to the opposite side from the angle over the adjacent side to the angle.

tan43 = x / 12

move 12 over by multiplying each side by 12

12tan43 = x

x = about 11.2

at least two

step-by-step explanation:

option b  

step-by-step explanation:

we know that

the distance from point n to lm in the figure is equal to the distance of the perpendicular line to lm that passes through the point n

so

the distance is equal to the segment no

> given problem

therefore

the distance from point n to lm is equal to