Question: 301 10 View Policies Current Attempt in Progress Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in

301 10 View Policies Current Attempt in Progress Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) = (a) What is the present value of $31,000 due 13 periods from now, discounted at 5%? (Round answer to 2 decimal places, e.g. 25.25.) Present value $ (b) What is the present value of $31,000 to be received at the end of each of 7 periods, discounted at 9%? (Round answer to 2 decimal places, e.g. 25.25.) Present value $ eTextbook and Media Save for Later Attempts: 0 of 5 used Submit

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