What is the present value of a $4,000 per month perpetuity if the nominal annual interest rate is 14%? $4,114,285.71 $33,333.33 $28,571.43 $342,857.14 Suppose you can invest $450 at the end of every month for the next 40 years at an annual interest rate of 8%. How much money would you have at the end of 40 years if you start with no money today? $1,570,953.53 $1,398,905.21 $1,510,817.63 $1,581,426.56