The current value of a perpetuity is based more on the discounted value of its nearer (in time) cash Hows and less by the discounted valse of its more distant (in the future) cash flows. A local bank's advertising reads; "Give us $15,000 today, and well pay you $600 every year forever" If you plan to five forever, what annual anterest rate will you eam on your deposit? 4.CH4b2 6,40% 4.5007 3.60% Obgsi. When you went in to fhake yovir deposti, the bank regresi the amount of required deposit reported in the advertisement was ncortect and shoutd have read \$22,500. This revision, whoch will the interest rate earned on your deposited funds, will adjust your tarned interest rate to