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What is the value today of an investment that pays $2,000 every two years forever starting one year from today and $4,000 every two years

What is the value today of an investment that pays $2,000 every two years forever starting one year from today and $4,000 every two years forever starting two years from today if the APR is 8.00% compounded quarterly? That is, a $2,000 payment occurs 1 year from today, a $4,000 payment 2 years from today, a $2,000 payment 3 years from today, and so on.

$35,016

$35,913

$36,811

$37,709

$38,607

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