Question: please solve it and explain. ABC University will receive $2,000 each quarter from a trust fund forever. The first payment will be made today. The

please solve it and explain. please solve it and explain. ABC University will receive $2,000 each quarter

ABC University will receive $2,000 each quarter from a trust fund forever. The first payment will be made today. The annual effective interest rate is 9%. Calculate the present value of the payments. Round the answer to the nearest dollar

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