The present value at time 0 of a level annual perpetuity-immediate in which the first payment of $50 starts one year from now is $700. The present value at time 0 of a level annual perpetuity- immediate in which the first payment of $75 starts at time n+1 is $264.195. Without calculating the annual effective interest rate, determine the present value at time 0 of.a level annual annuity- immediate in which payments of $25 are received at the end of the year for n years. A 199.83 B 213.82 228.79 D 244.80 E 261.94