Consider a perpetuity which pays $160 at the end of each quarter- year forever. Using an interest rate of i(4) = 11.6% find the following: (Answers to the nearest cent) The present value of the perpetuity. The answer to the nearest dollar is $5,517. Find the answer to the nearest cent. Assuming that the first payment is doubled to $320 and the subsequent payments are all $160 each. Find the present value. Assuming that the first 12 payments are doubled to $320 each and the subsequent payments are all $160 each. Find the present value