Given a discount rate of 4.6 percent per year, what is the value at Date t = 7 of a perpetual stream of $7,300 payments with the first payment at Date t= 15? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Present value $ 111,454.66

Given a discount rate of 4.6 percent per year, what is the value at Date t=7 of a perpetual stream of $7,300 payments with the first payment at Date t=15 ? Note: Do not round intermediate calculotions and round your answer to 2 decimal places, e.g., 32,16