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(a) What is the present value of $26,000 due 9 periods from now, discounted at 10%? (For calculation purposes, use 5 decimal places as displayed
(a) What is the present value of $26,000 due 9 periods from now, discounted at 10%? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 25.25.) Present value $enter a present value in dollar amount rounded to 2 decimal places (b) What is the present value of $26,000 to be received at the end of each of 6 periods, discounted at 9%? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 25.25.)
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