Jane receives a forty-year annuity-due. The annual payments are $1,800.00 during the first ten years and $3,100.00 during the next thirty years. John receives a perpetuity-immediate with annual payments. The odd numbered payments are P and the even numbered pay- ments are 2P. The present value of Jane's annuity and John's perpetuity are equal if they are calculated using i = 7.7%. Find P. Answer in units of dollars