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Consider a perpetuity which pays $70 at the end of each quarter-year forever. Using an interest rate of (4) = 18.4% find the following: (Answers

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Consider a perpetuity which pays $70 at the end of each quarter-year forever. Using an interest rate of (4) = 18.4% find the following: (Answers to the nearest cent) The present value of the perpetuity. The answer to the nearest dollar is $1,522. Find the answer to the nearest cent. Number Assuming that the first payment is doubled to $140 and the subsequent payments are all $70 each. Findt present value. Number Assuming that the first 12 payments are doubled to $140 each and the subsequent payments are all $70 each. Find the present value. Number

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