Transcribed image text: If a company can earn an annual risk-freeyrate of interest of 2 percent for the foreseeable future, how much money it must investment now in a pension retirement fund that will guarantee the payment to its retired personnel an overall base annual amount of $40,000 to be increase by 1 percent annually, forever? A Impossible to calculate 08. $2,020,000 $4,040,000 $80,800 D