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Click here to view the factor table. (a) What is the present value of $31,000 due 9 periods from now, discounted at 12% ? (For
Click here to view the factor table. (a) What is the present value of $31,000 due 9 periods from now, discounted at 12% ? (For calculation purposes, use 5 decimal ploces as displayed in the foctor table provided. Round answer to 2 decimal places, e.g. 25.25.) Present value of an amount (b) What is the present value of $31,000 to be ceceived at the end of each of 6 periods, discounted at 9% ? (For calculotion purposes, use 5 decimal places as displayed in the foctor table provided. Round answer to 2 decimal places, eg. 25.25.) Present value of an annuity
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