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Question 15 10 pts Today is December 31st and you just received a $500 payment from the perpetuity that you purchased 17 years ago on

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Question 15 10 pts Today is December 31st and you just received a $500 payment from the perpetuity that you purchased 17 years ago on January 1st, at the time you purchased the perpetuity you agreed to an interest rate of 5%. How much did you pay for your perpetuity 17 years ago? Answer Format: ENTER YOUR ANSWER AS A POSITIVE NUMBER INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$"" or any other formatting. Carry computation to at least 4 decimals and round your final answer to 2 decimal places. ######.## Unmute M

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