You have a partnership stake in a business that pays you equal payments of $3, 500 at the end of each year for the next four years. If the annual interest rate stays constant at 7%, what is the value of these payments in today's dollars? Round your answer to the nearest whole dollar. $11, 855 $12, 685 $10, 077 $14, 819 You found out that now you are going to receive payments of $8, 500 for the next 17 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 12%. What is the present value of these payments? Round your answer to the nearest whole dollar. $54, 223 $91, 502 $67, 779 $60, 517