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Item1 Time Remaining 41 minutes 21 seconds00:41:21 Item 1Item 1 Time Remaining 41 minutes 21 seconds00:41:21 An investment offers to pay $260 a year forever

Item1 Time Remaining 41 minutes 21 seconds00:41:21 Item 1Item 1 Time Remaining 41 minutes 21 seconds00:41:21 An investment offers to pay $260 a year forever starting at the end of year 6. If the interest rate is 10%, what is the investment's value today? (Assume annual compounding)

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