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An investment offers $6,900 per year for 10 years, with the first payment occurring one...

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Finance

An investment offers $6,900 per year for 10 years, with the first payment occurring one year from now.

If the required return is 5 percent, what is the value of the investment? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

Present value $

What would the value be if the payments occurred for 35 years? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

Present value $

What would the value be if the payments occurred for 65 years? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

Present value $

What would the value be if the payments occurred forever? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

Present value $

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