A nonprofit entity expects to receive $$100$ next year from a new donor. They also expect this amount to increase by $7$ percent annually and to continue forever. The discount rate is $12$ percent. Which formula will correctly compute the current value of this donation?

Multiple Choice

$($$$100\backslash$times $1\mathrm{.}07)/\mathrm{.}12$

$($$$100\backslash$times $1\mathrm{.}07)/(\mathrm{.}12\mathrm{.}07)$

$$100/\mathrm{.}12+\mathrm{.}07$

$$100+($$$100\backslash$times $1\mathrm{.}07)/(\mathrm{.}12\mathrm{.}07)$

$$100/(\mathrm{.}12\mathrm{.}07)$