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(For calculation purposes, use 5 decimal ploces as displayed in the foctor table provided) (a) What is the present value of $29,000 due 11 periods

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(For calculation purposes, use 5 decimal ploces as displayed in the foctor 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, es. 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 placek e. 25.25.) Presentvalue

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