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kimutaitanui5371
21.01.2022 •
Business
Rectorat de versailles france what company is it ?.
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Ответ:
10%
Explanation:
Since the payment is a perpetuity, it means that the local bank is advertising a an interest rate of 10%.
This is derived by simply using the formula
PV = 2000
r
where the PV is 200,
r is unknown.
we have, 200 = 2000
r
we have 200r = 2000
solving for r, we have,
r = 2000 /200
= 10%
The $200 return rate is 10% of the initial deposit.
Cheers.