In a perpetuity, returns-in the form of a series of identical cash flows-are earned. A perpetuity is a series of regularly timed, equal cash flows that is assumed to continue indefinitely into the future. The principal amount of a perpetuity is repaid as a lump-sum amount. The present value of a perpetuity is calculated by dividing the amount of the payment by the investor's opportunity interest rate. A local bank's advertising reads: "Give us 510,000 today, and we'l pay you $3,600 every year forever." If you plan to Iive forever, what annual intere rate wilyou earn on your deposit? 36.00% 28.80% 57.60% A local bank's advertising reads: "Give us $10,000 today, and woll pay you $3,600 every year forever," if you plen to live forever, what annual interest rate will you earn on your deposit? 36.00%28.80%457.60%50.40% Oops! When you went in to make your deposit, the bank representative said the amount of required deposit reported in the advertisernent was incerrect and should have read 515,000 . This revieon will the interest rate eamed on your deposted fundt The change to your required deposit will cause your earned interest rate to change to