What interest rate was used to determine the price

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Question: You can pay $2,750,000 for annual payments of $100,000 that will start at the end of the next year and go on forever. What interest rate was used to determine the price of this annuity?

Reference no: EM133368907

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What interest rate was used to determine the price : You can pay $2,750,000 for annual payments of $100,000 that will start at the end of the next year and go on forever. What interest rate was used to determine

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