An investment offers $7,100 per year, with the first payment occurring one year from now.The required return is 7 percent.

a. What would the value be today if the payments occurred for 20 years?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What would the value be today if the payments occurred for 45 years? (Do not round intermediate calculations and round youranswer to 2 decimal places, e.g., 32.16.)

c. What would the value be today if the payments occurred for 70 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. What would the value be today if the payments occurred forever? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)