Question: A perpetuity will make annual payments with the first payment coming 9 years from now. The first payment is for $4500, and each payment that follows is $130 dollars more than the previous one. If the effective rate of interest is 6.2%, what is the present value of the perpetuity? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.