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A perpetuity has a PV of $21,000. If the interest rate is 8%, how much will the perpetuity pay every year? A. $840 B. $1,008

A perpetuity has a PV of $21,000. If the interest rate is 8%, how much will the perpetuity pay every year? A. $840 B. $1,008 C. $1,680 D. $1,344
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A perpetuity has a PV of $21,000. If the interest rate is 8%, how much will the perpetuity pay every year? A. $840 B. $1,008 C. $1,680 D. $1,344

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