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A perpetuity will pay $2,500 per year, starting five years after the perpetuity is purchased. What is the future value (FV) of this perpetuity, given

A perpetuity will pay $2,500 per year, starting five years after the perpetuity is purchased. What is the future value (FV) of this perpetuity, given that the interest rate is 5%?

A. $47,429

B. $41,096

C. $42,470

D. There is no solution to this problem

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