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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 11 periods

image text in transcribed (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of $29,000 due 11 periods from now, discounted at 6% ? (Round answer to 2 decimal places, eg. 25.25.) Present value $ (b) What is the present value of $29,000 to be received at the end of each of 11 periods, discounted at 5% ? (Round answer to 2 decimal places, eg. 25.25.) Present value $

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