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Christie wishes to leave a provision in her will that $7,390 will be paid annually in perpetuity to a local charity. How much must she

Christie wishes to leave a provision in her will that $7,390 will be paid annually in perpetuity to a local charity. How much must she provide in her will for this perpetuity if the interest rate is 4.2% per annum? (round to 2 dp)

a.

$173,952.38

b.

$114,573.60

c.

$169,885.06

d.

$98,533.33

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