How much more is a perpetuity of $1,000 worth than an annuity of the same amount for 20 years? Assume a 10% interest rate and cash flows at end of period.
A) $297.29
B) $1,486.44
C) $1,635.08
D) $2,000.00

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The Answer of How much more is a perpetuity of $1,000 worth than an annuity of the same amount for 20 years? Assume a 10% interest rate and cash flows at end of period.
A) $297.29
B) $1,486.44
C) $1,635.08
D) $2,000.00

How Much More Is a Perpetuity of $1,000 Worth Than