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What is the present value of a perpetuity that pays you annual, end-of-year payments of $750 every year? Use a nominal rate of 9.25%. begin{tabular}{|l}
What is the present value of a perpetuity that pays you annual, end-of-year payments of $750 every year? Use a nominal rate of 9.25%. \begin{tabular}{|l} $8,406 \\ \hline$6,396 \\ \hline$8,612 \\ \hline$8,108 \\ \hline$7,770 \\ \hline \end{tabular}
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