Business, 28.10.2020 16:30 Brangolflro

A benefactor leaves an inheritance to four charities, A, B, C, and D. The total inheritance is a series of level payments at the end of each year forever. During the first n years A, B, and C share each payment equally. All payments after n years revert to D. If the present values of the shares of A, B, C, and D are all equal, find (1 i) n .

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A benefactor leaves an inheritance to four charities, A, B, C, and D. The total inheritance is a ser...

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