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Starting from today you will deposit $5000 every year in an account for a total of 5 deposits. At the same time that you make
Starting from today you will deposit $5000 every year in an account for a total of 5 deposits. At the same time that you make the last deposit, you will begin receiving a yearly perpetual constant cash flow from the account. The account pays 8% compounded annually. How much will you receive each year from the perpetuity? Question 4 options: a) $2534.37 b) $2172.81 c) $2346.64 d) $2260.39
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