Question: Consider a growing perpetuity that will pay $250 in one year. Each year after that, you will receive a payment that is 7% larger than

Consider a growing perpetuity that will pay $250 in one year. Each year after that, you will receive a payment that is 7% larger than the last payment. This pattern of payments will continue forever. If the interest rate is 10%, then the value of this perpetuity is closest to: $5561 $8333 $6215 $4000

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