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

$