xenia has a perpetuity due that pays $400.00 annually. wing has an annuity due that makes annual payments of 4.00 times as much for 14 years and is worth the same amount. What is the effective annual rate i?

a.X = 2.097%

b.X = 1.972%

c.X = 1.910%

d.X = 1.993%

e.X = 2.076%