You have a partnership stake in a business that pays you equal payments of $1,500 at the end of each year for the next nine years. If the annual interest rate stays constant at 4%, what is the value of these payments in today's dollars? Round your answer to the nearest whole dollar. $11,599 $9,480 $13,941 $11,153 OOOO $33,781 $39,186 $52,901 $31,349 You found out that now you are going to receive payments of $6,500 for the next 12 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 16%. What is the present value of these payments? Round your answer to the nearest whole dollar.