1. 2,000 are deposited each year for 10 years into a paid account at j(1)-8. 2,000 are deposited each year for 10 years into a paid account at j(1)-8. With the funds generated it is required to finance a perpetual income of 4,000 per year, being the first payment of this income "n" years after the last deposit.With the funds generated it is required to finance a perpetual income of 4,000 per year, being the first payment of this income "n" years after the last deposit At the time of payment of the first term of perpetual income, the interest rate of the account lowers to j(4) x 7% finds the value of "n" (i.e. the number of years to wait from the last deposit so that the funds generated can cover the perpetual income)