The present value (t=0) of the following cash flow stream is $3,569.17 when discounted at 7.25% compounded quarterly: 0.5x at the end of year 1, $412 at the end of year 2, 2.4x at the end of year 3, and $175 at the end of year 4. Assume this pattern of payments will continue in perpetuity (every 4 years). What is the value of the missing cash flows (x)?

Your friends, Lee and Kuan, are struggling to solve for the missing cash flows of the following cash flow stream:

In fact, they're convinced that "x" must be $115.16. Note that the present value of the above cash stream with annual payments is $5,095.00, and the discount rate is 8.9411% compounded 365 time(s) per year.