Given an interest rate of 5.7 percent per year, what is the value at t = 8 of a perpetual stream of $4,100 annual payments that begins at t = 18? (Do not round intermediate calculations and round your...

Given an interest rate of 5.7 percent per year, what is the value att = 8 of a perpetual stream of $4,100 annual payments that begins att = 18?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)


Value att = 8           $