An investment will pay you $5,000 4 years from today. Annual…
An investment will pay you $5,000 4 years from today. Annual payments will grow at a rate of 2% per year, forever. If the appropriate discount rate is 8.5% per year, what is this investment worth today? (Enter your answer to the nearest whole dollar. Do not enter the dollar symbol or commas. For example, if your answer is $123,456.789, enter 123457. Do not worry if Canvas adds commas.)