What would the value of the investment from Question 4 be if the payments occurred for:

a) 40 years

b) 75 years

c) Forever

5) What would the value of the investment from Question 4 be if the payments occurred for: a) 40 years b) 75 years c) Forever c) 24 percent 4) An investment offers $12,000 per year for 25 years. If the required return is 8 percent, what is the value of the investment