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( a ) What is the present value of $ 2 6 , 5 0 0 due 9 periods from now, discounted at 1 0

(a) What is the present value of $26,500 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.25.25.)
Present value
(b) What is the present value of $26,500 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, eg.25.25.)
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