You receive a perpetuity beginning $6$ months from today of $$100$ every month. A bank pays $8\%$ compounded quarter

What is the value of the perpetuity today?

Answer: $$14609\mathrm{.}49$

$-$What is the value of the perpetuity a year from today?

Answer: $$15,813\mathrm{.}77.$

Try on your own before continuing.