What $is$ the present value $of$ a three$-$year annuity $of$ $$100if$ the discount rate $is6$ percent?

Note: Round your answer $to$ the nearest cent.

$PV$ $

$267\mathrm{.}30$

What $is$ the present value $of$ the annuity $in$ part $(a)if$ you have $to$ wait two years instead $of$ one for the payment stream $to$ start?

Note: Round your answer $to$ the nearest cent.

$PV$ $