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Danielle wants to purchase a perpetuity paying 2000 per year where the first payment will be...

Danielle wants to purchase a perpetuity paying 2000 per year where the first payment will be at the end of year 11. She can purchase it by either: a. Paying 1900 per year at the end of each year for 10 years; or b. Paying K per year at the end of each year for the first 5 years and nothing for the next 5 years. Use part a. to find i and then part b to find K

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