If money can earn 6% compounded annually, what percentage more money is required to fund an ordinary perpetuity paying $1,000 at the end of every year than to fund an ordinary annuity paying $1,000 per year for 25 years?

Question

Quizplus · Accepted Answer

The Answer of If money can earn 6% compounded annually, what percentage more money is required to fund an ordinary perpetuity paying $1,000 at the end of every year than to fund an ordinary annuity paying $1,000 per year for 25 years?

If Money Can Earn 6% Compounded Annually, What Percentage More