If the interest rate is 11% compounded annually, what is the value of the following three investments?

a. An investment that offers you $170 a year in perpetuity with the payment at the end of each year. (Round your answer to 2 decimal places.)

b. A similar investment with the payment at the beginning of each year. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

c. A similar investment with the payment spread evenly over each year. (Do not round intermediate calculations. Round your answer to 2 decimal places.)