Assume that you have to pay rent as a growing perpetuity. The first payment will occur in a year and will be $24,000. Each year after that, you will receive a payment on the anniversary of the last payment that is 4.5% larger than the last payment. This pattern of payments will go on forever. Assume that the interest rate is 8% per year. a. What is todays value of the rent? b. What is the value of the rent immediately after the first payment is made?