a$.$ What is the present value of the following set of cash flows,

b$.$ What is the present value of the following set of cash flows, $,$ discounted at $9\mathrm{.}9\%$ per year?

c$.$ Each set contains the same cash flows $($$$8,$$$20,$$$32,$$$44,$$$56),$ so why is the present value different?

a$.$ What is the present value of the following set of cash flows, $,$ discounted at $9\mathrm{.}9\%$ per year?

The present value of the cash flow stream is $$$

$.($Round to the nearest cent.$)$