Walt is evaluating an investment that will provide the following returns at the end of each of the following years: year 1, $13,100; year 2, $10,600; year 3, $8,100; year 4, $5,600; year 5, $3,100; year 6, $0; and year 7, $13,100. Walt believes that he should earn 12 percent compounded annually on this investment. Required: a. How much should he pay for this investment? b. How much should he pay if he expects to earn an annual return of 9 percent compounded monthly? Note: For all requirements, do not round PV factors and round your other intermediate calculations and nal answer to the nearest whole dollar amount. a. Value of investment at 12% _ b. Value of investment at 9% _