The formula for this problem is as follows: PV(perpetuity)=CF/i With the application of the numbers from this problem, you would plug them in as follows: 75/.04 = $1875 < your answer. Hope that helps
paisa
3527/1000 = 3.527
Real numbers are both. Rational numbers are numbers that can be written as a fraction. Irrational numbers cannot be expressed as a fraction.
3 is the answer 3 is the answer
15.1875 as a fraction = 15 1875/10000
0.1875 as a fraction is 1875/10000.
0.20833333333 as a fraction = 1875/9000 or 15/72
1875/10000
187.5= 1875/10 or 375/2 in fraction
1875/10000 or 3/16
Three-sixteenths
18.75% to fraction:= 0.1875= 1875/10000= 3/16
0.1875 = 1875/10000 = 3/16
1875/1000 or 15/8
0.1875 = 3/16
1.875 equates to 1875/1000. The fraction part of the mixed number can be simplified by dividing both the numerator and denominator by 125. 1875/1000 = 17/8