You are given two perpetuities: A pays $1 at the beginning of each of the first three years, $2 at the beginning of each of the next three years, $3 at the beginning of each of the next three years, and so on. B pays $K at the beginning of each of the first two years, $2K at the beginning of each of the next two years, $3K at the beginning of each of the next two years, and so on. Given that the current annual effective interest rate of 5%, and that the present value of these two perpetuity is equal to each other. Determine K. You are given two perpetuities: A pays $1 at the beginning of each of the first three years, $2 at the beginning of each of the next three years, $3 at the beginning of each of the next three years, and so on. B pays $K at the beginning of each of the first two years, $2K at the beginning of each of the next two years, $3K at the beginning of each of the next two years, and so on. Given that the current annual effective interest rate of 5%, and that the present value of these two perpetuity is equal to each other. Determine K