Captiva Oil and Gas Co,has discovereda small gas fieldthat is expectedproduce cashflows of $92,500per quarterbeginning next quarter.To beginoperations, an initialinvestment of $745,000in necessary. However, itis expected that thiscash flow will decrease by 4percent per year, adjustedquarterly. That is, this decreaseis expected to be 1% per quarter . Assuming a 12 percent peryear discount rate and that thegas field will produce gas intothe foreseeable future, how much are these operations worth?

I know the answer is 1,567,500 but I need the steps for BA II Plus calculator