What is the present value of $29,500 due 9 periods from now, discounted at 8%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 2 decimal places, e.g. 15.25.) and What is the present value of $29,500 to be received at the end of each of 6 periods, discounted at 7%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 2 decimal places, e.g. 15.25.)

future value of 1: 1.99900

Future value of an annuity of 1: 12.48756

present value of 1: 0.50025

present value of an annuity of 1: 6.24689