Question: can you show the steps to get to this answer ? VALUE TODAY OF A DELAYED PERPETUITY A perpetuity of $200 will begin 7 years

can you show the steps to get to this answer ?
can you show the steps to get to this answer ? VALUE

VALUE TODAY OF A DELAYED PERPETUITY A perpetuity of $200 will begin 7 years from now. If the interest rate is 4%, what is the value of this perpetuity TODAY? [$3,951.57]

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