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

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.)