When Aroon was a small$$ child, his grandfather established a trust fund for him to receive $$$$15,000$ on his $35$th birthday. Aroon just turned $23.$

What is the value of his trust today if the trust fund earns $8$

percent$$ interest? If he had to wait until age $40$

to receive the$$ money, what is the present value today of the

$$$$15,000$ to be received in $17$years$?$