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As a result of a gas pipeline and gas drilling a local church and its membership have elected to set up a fund for perpetual income for the church. The timing of the donations is listed below and the question is what will be the perpetual income to the church, if the church uses a 14% MARR. 1. Year Expected donation ($) 1 3,400,000 3 4,600,000 7 1,400,000

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Perpectual Income to the Church Expexted Donation 34,00,000 46,00,000 14,00,000 Present Value Year | PVF @ 14% | Present Valu

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