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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

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 $ 34,900 due 9 periods from now, discounted at 9%? (Round answer to 2 decimal places, e.g. 25.25.)

enter a dollar amount rounded to 2 decimal places

(b) What is the present value of $ 34,900 to be received at the end of each of 12 periods, discounted at 8%? (Round answer to 2 decimal places, e.g. 25.25.)

enter a dollar amount rounded to 2 decimal places

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