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places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 25.25.) Present value of an amount (b) What is the

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places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 25.25.) Present value of an amount (b) What is the present value of $26,000 to be received at the end of each of 6 periods, discounted at 9% ? (For calculation purposes, use 5 decimal places as displayed in the foctor table provided. Round answer to 2 decimal places, e.8. 25.25.) Present value of an annuity

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