using financial mathematics

8. At an annual effective interest rate of i, i > 0, the present value of a perpetuity paying 11 at the end of each year, with the first payment at the end of the year 2, is 100. At the same annual effective rate of i, the present value of a perpetuity-immediate paying 11 at the end of each 3 year period is X. Calculate X. (A) 26.7 (B) 29.9 (C) 33.2 (D) 36.3 (E) 39.5