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What is the present value, when interest rates are 5.4 of a $2,665.0.pdf

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To calculate the present value of a perpetual annual payment of $2,665 with an interest rate of 5.4% compounded annually, divide the annual payment amount by the interest rate yielding $49,351.85 as the present value.

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What is the present value, when interest rates are 5.4% of a $2,665.00 payment made every year forever (assume annual compounding)?" "$2,528.46" "$26,032.41" " $49,351.85 " *$2,808.91 " "$52,016.85" "$46,823.39" "$2,665.00 *

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