Question: I need help with getting the correct answer with explaining, please. A perpetuity pays $1,850 at the end of each year with the first payment

I need help with getting the correct answer with explaining, please.

A perpetuity pays $1,850 at the end of each year with the first payment occurring one year from today. If the discount rate is 10%, what is the present value of the perpetuity? Answer Format: Enter your answer as a number rounded to 2 decimal places. An answer of 23.456 would be entered as 23.46

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