Brief Exercise G-8 Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of $31,000 due 14 periods from now, discounted at 12%? (Round answer to 2 decimal places, e.g. 25.25.) Present value (b) What is the present value of $31,000 to be received at the end of each of 4 periods, discounted at 7%? (Round answer to 2 decimal places, e.g. 25.25.) Present value