Whats the percent value of a $150 payment made every year forever at an interest rate of 73%?

Question

asked Feb 9, 2020 80.7k views

1 Answer

Serina Patterson · Answer 1 · 2020-02-13T16:47:01+0000

The answer $205.48

Explanation

Since the amount is $150, rate is 73%

PV to perpetuity = $150/0.73

=205.48

Therefore the answer is $205.48