Got a few finance questions from here and there for FINS1613...If anyone could help that would be awesome!

1) An investment makes annual payments. the first payment of $270 is due in one year at t =1. Payments grow at a rate of 16% annually until t=14. Payments then are stable until t=33. Afterwards, payments

**grow**at a rate of 2% annually (the payment at t=34 is 2% bigger than the payment at t=33) and are paid in perpetuity. What is the present value of the investment's cash flows at an annual discount rate of 15%?

2) An investment makes annual payments. The first payment of $760 is due in one year at t=1. Payments grow at a rate of 11% annually until t=24. After this period, payments decline at a rate of 5% annually and are paid in perpetuity.You know that a 24 year annuity with a first payment of $1 growing at 11% annually is worth $14.3108. A similar 23 year annuity is worth $13.9257. What is the present value of the investment's cash flows at an annual discount rate of 15%?