Given a discount rate of 6.85 percent per year, what is the value at Date t= 7 of a perpetual stream of $3,600 payments with the first payment at Year 18? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Value at Year 7

Given a discount rate of 6.85 percent per year, what is the value at Date t=7 of a perpetual stream of $3,600 payments with the first payment at Year 18 ? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.9., 32.16