For calculation purposes, tase 5 decimal places as displayed in the factor table provided) (a) What is the present value of $28,000 due 9 periods from now, discounted at 7%? (Round answer to 2 decimal places, cy, 25.25.) Present value (b) What is the present value of $28,000 to be received at the end of each of 12 periods, discounted at 9%? (Round answer to 2 decimal places, s. 25.25.) Present value $