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What is the present value, when interest rates are 8.7% of a $5,305.00 payment made every year forever (assume annual compounding)? $56,096.61 $5,305.00

"What is the present value, when interest rates are 8.7% of a $5,305.00 payment made every year forever (assume annual compounding)?"

"$56,096.61 "
"$5,305.00 "
"$4,880.40 "
"$33,217.93 "
"$60,977.01 "
"$5,766.54 "
"$66,282.01 "

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