You have just been notified that you will receive $9,000 a year for the next 20 years from an inherited trust. If the interest rate is 8 percent, how much should you be willing to accept today in exchange for the annual payments? (Enter your answer as a positive number rounded to 2 decimal places.)

b. $16,100 in 15 years at 10 percent. (Round your answer to 2 decimal places.)

c. $6,250 each year for 14 years at 8 percent. (Round your answer to 2 decimal places.)