a$.$ What is the value of an investment that pays $$54,000$ every other year forever, if the

first payment occurs one year from today and the discount rate is $18$ percent

compounded daily? $($Use $365$ days a year. Do not round intermediate calculations

and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$.$ What is the value today if the first payment occurs four years from today? $($Use $365$

days a year. Do not round intermediate calculations and round your answer to $2$

decimal places, e$.$g$.,32\mathrm{.}16.)$

a$.$ Value today

b$.$ Value today