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payments 1. [5 pts] You are given two series of payments. Series A is a perpetuity with of 1 at the end of each of

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payments 1. [5 pts] You are given two series of payments. Series A is a perpetuity with of 1 at the end of each of the first 2 years, 2 at the end of each of the next 2 years, 3 at the end of each of the next 2 years, and so on. Series B is a perpetuity with payments of K at the end of each of the first 3 years, 2K at the end of each of the next 3 years, 3K at the end of each of the next 3 years, and so on. The present values of the two series of payments are equal. Assume that i 5%. Calculate K

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