perpituity

Hi, sir hope you are well. Your lectures were awesome.as they clear concept withing least possible time. I had a little problem in distinguishing the following term in perpituities. taking the same example in lectures- intrest rate = 12 % and 5000 usd receivable in 1 year and thereafter in perputity. sol.- 5000x1/0.12 = usd 41667 so which one is present value , is it the some of 5000 each year till forever or the 41667. 41447 looks more obvious but still want to be sure of it. Thank you