Question: Question 14 (1 point) Starting from today (t=0), you will make five annual deposits of $4000 in a savings account (the last deposit occurs at

Question 14 (1 point) Starting from today (t=0), you will make five annual deposits of $4000 in a savings account (the last deposit occurs at t=4). At (t=4) you convert the entire value in the savings account into an annual perpetuity that makes its first payment one year from the last deposit (t=5). If the interest rate is 8%, what is the value you receive each year from the perpetuity? $1,738.25 $1,877.31 $2,027.72 $2,340.30

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