The Present Worth of an Infinitely Long Uniform Series of Cash

question 33

Multiple Choice

The present worth of an infinitely long uniform series of cash flows is equal to

• A)A * [1/i - N/((1+i)N - 1)]
• B)A*[(1 + i)N - 1]
• C)A/(i + 1)
• D)A * i
• E)A/i