11. John is 30 years old. He will receive 2 payments of $2,000 each. The first payment will be an unknown number of years in the future. The second payment will be four years after the first payment. At an annual effective interest rate of 1-3%, the present value of the two payments is $2,500. Determine at what age John will receive the second payment (A) Less than 40 (B) At least 40 but less than 45 (C) At least 45 but less than 50 (D) At least 50 but lss than 55 (E) At least 55