C$1$a$1$l$.$culating Perpetuity Values $($LO$1)$ The Sutherland Life Insurance Co$.$ is

trying to sell you an investment policy that will pay you and your heirs $$30,000$

per year forever. If the required return on this investment is $5\mathrm{.}8\%,$ how much

will you pay for the policy? using calculator approach