Question 2 of 4 View Policies Show Attempt History < > Current Attempt in Progress Your answer is partially correct. 1/2 1 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 $28,500 due 12 periods from now, discounted at 9%? (Round answer to 2 decimal places, e.g. 25.25.) Present value $ 10132.74 (b) What is the present value of $28,500 to be received at the end of each of 5 periods, discounted at 8%? (Round answer to 2 decimal places, e.g. 25.25.) Present value $ 163970.79 eTextbook and Media Save for Later Attempts: 2 of 3 used Submit Answer