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If you borrow $34,000 at 4.2% for your new SUV for four years, what are your monthly payments? A perpetuity is A) an infinite series

If you borrow $34,000 at 4.2% for your new SUV for four years, what are your monthly payments?

A perpetuity is

A) an infinite series of equal payments

B) an infinite series of unequal payments

C) a finite series of equal payments where the first cash flow comes at the beginning of the first year

D) a finite series of unequal payments where the first cash flow comes at the end of the first year.

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