QUESTION 3 {1.0251 (1.035) ? - 12 A perpetuity provides for continuous payments. The annual rate of payment at timetis 1 for Osts 12, for t > 12. Using an annual effective interest rate of 8.1%, the present value at time t = 0 of this perpetuity is x. Calculate x. O 16.02 O 16.83 17.35 17.75 O 17.90 A perpetuity provides for continuous payments. The annual rate of payment at time t is 1 for Osts 12, for 1 2 12. Using an annual effective interest rate of 8.1%, the present value at time t = 0 of this perpetuity is x. Calculate x. {61.035 - (1.035) ? - 12 16.02 16.83 O 17.35 O 17.75 O 17.90