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Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of $25,000 due 12 periods from now, discounted at 5%? (Round answer to 2 decimal places, e.g. 25.25.)

Present value

$enter a dollar amount rounded to 2 decimal places

(b) What is the present value of $25,000 to be received at the end of each of 10 periods, discounted at 11%? (Round answer to 2 decimal places, e.g. 25.25.)

Present value

$enter a dollar amount rounded to 2 decimal places

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