A perpetuity-immediate pays 200 per year. Immediately after the 5th payment, the perpetuity is exchanged for a 25-year annuity immediate that will pay X at the end of the first year. Each subsequent annual payment will be 8% greater than the preceding payment. The annual effective rate of interest is 8%. Calculate X and the future value of that 25-year annuity immediat. A. 105 and 19, 121 B. 108 and 17,121 c. 103 and 18, 121 c c do 103 E. 103 and and 17,921 18,921