Problem 5-29 Perpetuities. Consider the data in the following table. \begin{tabular}{|c|r|r|} \hline Perpetuity & \multicolumn{1}{|c|}{ Annual Amount } & \multicolumn{1}{c|}{ Discount Rate } \\ \hline A & $20,000 & 8% \\ \hline B & 100,000 & 10% \\ \hline C & 3,000 & 6% \\ \hline D & 60,000 & 5% \\ \hline \end{tabular} Determine the present value of each perpetuity. Solution