PLEASE HELP! **Please use numbers given** Please answer both parts of question. I tried posting this question before and I did receive an answer of $35,714.29. I tried entering that answer in and it stated it was incorrect, I did reply to the comment but I never received an answer back. All my questions for my subscription have been used so now I am paying again to post these so I hope I get the right answer this time! Thank you, Thank you, Thank you in advance!! :)

(Related to Checkpoint 6.5) (Present value of a growing perpetuity) What is the present value of a perpetual stream of cash flows that pays $2,500 at the end of year one and the annual cash flows grow at a rate of 3% per year indefinitely, if the appropriate discount rate is 9%? What if the appropriate discount rate is 7%? a. If the appropriate discount rate is 9%, the present value of the growing perpetuity is $. (Round to the nearest cent.)