The present values of the following three annuities are equal a) perpetuity immediate paying 1 each year, calculated at an annual effective interest rate of 7.25% b) 50 year annuity immediate paying 1 each year, calculated at an annual effective interest rate of j% c) n year annuity immediate paying 1 each year, calculated at an annual effective interest rate of (j -1)% Calculate n

A)30 B)33 C)36 D)39 E)42