Answer:
We conclude that its value change for 277.8$.
Step-by-step explanation:
We know that a perpetuity pays $50 per year and interest rates are 9 percent. We calculate how much would its value change if interest rates decreased to 6 percent. We know that
9%=0.09
6%=0.06
We get
\frac{50}{0.09}=555.5
\frac{50}{0.06}=833.3
Therefore, we get 833.3-555.5=277.8
3h - 8h + 10 = 10 - 5h
-5h + 10 = 10 - 5h
10 = 10
infinitely many solutions
Step-by-step explanation:jjjj
