The present value of a $25,000 perpetuity at a 14 percent discount rate is
The present value of a $25,000 perpetuity at a 14 percent discount rate is
A)$178,571.
B)$285,000.
C)$219,298.
D) $350,000.
I require full workings.
The present value of a $25,000 perpetuity at a 14 percent discount rate is
A)$178,571.
B)$285,000.
C)$219,298.
D) $350,000.
I require full workings.