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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?
A. 2172.81
B. 2260.39
C. 2346.64
D. 2534.37
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