(For calculation purposes, use 5 decimal places as displayed in the factor table provided) (a) What is the present value of $31,000 due 9 periods from now, discounted at 10%? (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 12 periods, discounted at 12%? (Round answer to 2 decimal places, e.3. 25.25.) Present value $