The cash flow associated with restoring and maintaining a local museum is $250,000 now and $80,000 every 8 years forever. Determine its perpetual equivalent annual worth (in years 1 through infinity) at an interest rate of 15% per year.
The answers presented below were calculated using the appropriate factors from interest tables including all their decimal places
-$54,849
-$43,328
-$117,500
-$24,040