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(a) What is the present value of $29,000 due 8 periods from now, discounted at 4%? (Round answer to 2 decimal places, eg, 25.25.) Present

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(a) What is the present value of $29,000 due 8 periods from now, discounted at 4%? (Round answer to 2 decimal places, eg, 25.25.) Present value $ (b) What is the present value of $29,000 to be received at the end of each of 8 periods, discounted at 10%? (Round answer to 2 decimal places, e.g. 25.25.) Present value $

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