An investment offers $5,600 per year for 15 years, with the first payment occurring one year from now.

If the required return is 6 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))

What would the value be if the payments occurred for 40 years? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

What would the value be if the payments occurred for 75 years? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))