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Suppose that you receive $1000 per year forever from a special pension. The interest rate is 8% per year. Which of the following statements is

Suppose that you receive $1000 per year forever from a special pension. The interest rate is 8% per year. Which of the following statements is correct? The present value of this pension is $1,000. HE 4 pts O The present value of this pension is less than $1,000. The future value of this pension is between $1,000 and $10,000. O The present value of this pension is greater than $1,000.
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Suppose that you receive $1000 per year forever from a special pension. The interest rate is 8% per year. Which of the following statements is correct? The present value of this pension is $1,000. The present value of this pension is less than $1,000. The future value of this pension is between $1,000 and $10,000. The present value of this pension is greater than $1,000

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