Calculating Annuity Present Value

An investment offers $4,400$ per year for $10$ years, with the first payment occurring one year from now. $($Do not include the euro sign $().$ Round your answers to $2$ decimal places $($e$.$g$.,32\mathrm{.}16).)$

Required:

If the required return is $8$ per cent, what is the value of the investment?

Present value

If the required return is $8$ per cent, what would the present value be if the payments occurred for $20$ years?

Present value

If the required return is $8$ per cent, what would the present value be if the payments occurred for $50$ years?

Present value

$lon$

If the required return is $8$ per cent, what would the present value be if the payments occurred for ever?

Present value

$lon$

Explanation:

$PV=C{A}^{TT}r$

The value if the payments occurred for $10$ years

$PV=C{A}^{10}0\mathrm{.}08$

$=4,4006\mathrm{.}71$

$PV=29,524\mathrm{.}00$

The value if the payments occurred for $20$ years

$PV=C{A}^{20}O\mathrm{.}08$

$=4\mathrm{.}4009\mathrm{.}8181$

$PV=43,199\mathrm{.}64$

$($ I NEED ANSWER USING CALCULAROR PLEASE$)$