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You find an investment that will start paying $800 a year forever, starting 6 years from now. The rate on investments of similar risks to

You find an investment that will start paying $800 a year forever, starting 6 years from now. The rate on investments of similar risks to this one is 6%. Your rich Uncle says he will give you the money to be able to buy the investment today. How much money must he give you today to fund this investment purchase?

a) $9,399

b) $9,934

c) $9,963

d) $13,294

e) $13,333

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