HOME NSERT PAGE LAYOUT FORMULAS DAA REVEW VEW Sign BIU -A Aligpment Number Conditional Format as Ceng Cells Editing Formatting Table Styles Al An investment offers $6,100 per year for 15 years, with the first payment occurring one year from now. If the required return is 6 percent, what is the value of the investment? What would the value be if the payments occurred for 40 years? For 75 years? Forever? Payment per year #Of years Required rate of retum # of years #Of years S 6,100 15 6% 40 75 10 Complete the following analysis. Do not hard code values in your 12 calculations. Your answers should be positive. Value today with 15 years payments S 59,244.72 Value today with 40 years payments $ 91,782.41 Value today with 75 years payments 100,380.67 Value today of perpetuity 14 16