Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest.That bequest will provide $1000 in the first year,and will grow by 7% per year,forever.If the interest rate is 11%,how much must Martin provide to fund this bequest?
A)$9090.91
B)$14,285.71
C)$25,000.00
D)$36,687.45
E)$5555.56

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The Answer of Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest.That bequest will provide $1000 in the first year,and will grow by 7% per year,forever.If the interest rate is 11%,how much must Martin provide to fund this bequest?
A)$9090.91
B)$14,285.71
C)$25,000.00
D)$36,687.45
E)$5555.56

Martin Wants to Provide Money in His Will for an Annual