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An investment offers $ 6 , 8 0 0 per year, with the first payment occurring one year from now. The required return is 7

An investment offers $6,800 per year, with the first payment occurring one year from now. The required return is 7 percent. What is the value of the investment?
What would the value be if the payments occurred for 20 years?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
What would the value be if the payments occurred for 45 years?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
What would the value be if the payments occurred for 70 years?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
What would the value be if the payments occurred forever?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.

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