QUESTIONS A perpetuity immediate pays 200 per year. Immediatey after the fifth payment the perpetuty sexchanged for a 25-year annuity immediate that will pay at the end of the first year Each subsequent annual payment wil be greater than the preceding payment. The annual effective rate of interest is 8% Calculate and the future value of that 25 year annuity immediate 2. 103 and 17,521 108 and 18.521 6 108 and 17.121 od 103 and 16.121 105 and 19.121