You just paid $2,080,000 million to buy a life insurance policy that is structured as a perpetuity. The interest rate is 5.48 percent per year. How much will the policy pay you and your descendants annually? O $136,780.80 $2,080,000.00 O $113,984.00 O $227,968.00 O $37,956,204.38

You just paid $2,080,000 million to buy a life insurance policy that is structured as a perpetuity. The interest rate is 5.48 percent per year. How much will the policy pay you and your descendants annually? $136,780.80 $2,080,000.00 $113,984.00 $227.968.00 $37,956,204,38