(Solved): 10. Perpetuity X has end of year payments of 700,720,740,760,780, 800,.. Under an annual effecti ...

10. Perpetuity $X$ has end of year payments of $700,720,740,760,780$, $800,\dots .$. Under an annual effective interest rate of $i>0$, the present value for Perpetuity $X$ is equal to 60,000 . Perpetuity $Y$ has beginning of year payments of $700,720,740,760,780,800,\dots \dots$. Calculate the present value for Perpetuity $Y$ assuming an annual effective interest rate of $i>0$.