22 A) Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest will provide $8,000 in the first year, and will grow by 5% per year, forever. If the interest rate is 11%, how much must Martin provide to fund this bequest?

22 B) A tenant wants to lease a building for $50,000 per year. She signs a five-year rental agreement that states that she will pay $25,000 every six months for the next five years. Which of the following is the timeline for her rental payments, assuming she makes the first payment immediately