Question: I need help with this question, I'm not sure how to approach it but have the rough outline of the problem below? The answer is

I need help with this question, I'm not sure how to approach it but have the rough outline of the problem below? The answer is supposed to be 26.49 (rounded to two decimal places)

I need help with this question, I'm not sure how to approach

6. John Recieves a perpetuity making payments using the following scheme: The first paym nt will be for 2 at the end of the 5th year The remaining payments will occur every 3 years, following the first payment Each subsequent payment will be K% larger than the previous payment. The present value of this perpetuity at an nnual eff. Interest rate of 10% is equal to 25. calculate K. (years) 14 2Q 202 2Q PV=25 Q = 1+k% = | + Rate=i=10% 202 100

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