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A perpetuity costs \( 83.0 \) and makes end-of-year poyments The perpetuity pays 1 at the end of year 2,2 of the end of year \( 3, \ldots, n \) at the end of year \( (n+1) \). Atrer year \( (n+1) \), the poyments cemain constant at \( n \). The annual effective interest rate is \( 4.34 \% \). Calculate \( \mathrm{n} \). 4 5 16. 7 8

we can use the following formula: P = C / r Where P is the present value of the perpetuity, C is the constant payment ma

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