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(For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of $29,000 due 8 periods

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(For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of $29,000 due 8 periods from now, discounted at 4% ? (Round answer to 2 decimal places, eg. 25.25.1 Present value (b) What is the present value of $29,000 to be received at the end of each of 8 periods, discounted at 10% ? (Round answer to 2 decimal ploces, es. 25.25.) Presentvalue $

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