Question: Help Save B Problem 5-27 Present Value of a Perpetuity (LG5-5 A perpetuity pays $260 per year and Interest rates are 6.9 percent.How much would

 Help Save B Problem 5-27 Present Value of a Perpetuity (LG5-5

Help Save B Problem 5-27 Present Value of a Perpetuity (LG5-5 A perpetuity pays $260 per year and Interest rates are 6.9 percent.How much would its value change if interest rates increased to 8.4 percent? (Round your answer to 2 decimal places.) Change in value Did the value increase or decrease? O increase O decrease

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