PLEASE COMPLETE BOTH SETS OF QUESTIONS!

A financial planning service offers a college savings program. The plan calls for you to make six annual payments of $12,800 each, with the first payment occurring today, your child's 12th birthday. Beginning on your child's 18th birthday, the plan will provide $32,000 per year for four years. What return is this investment offering? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Return % Given an interest rate of 5.3 percent per year, what is the value at date t = 7 of a perpetual stream of $3,700 payments that begins at date t = 15? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Perpetuity value