(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 $