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$($For calculation purposes, use $5$ decimal places as displayed in the factor table provided.$)$

$($a$)$ What is the present value of $$27,500$ due $15$ periods from now, discounted at $5\%?($Round answer to $2$ decimal places, e$.$g$.25\mathrm{.}25.)$

Present value $

$($b$)$ What is the present value of $$27,500$ to be received at the end of each of $9$ periods, discounted at $12\%?($Round answer to $2$ decimal places, e$.$g$.25\mathrm{.}25.)$

Present value

$

Blossom Enterprises earns $8\%$ on an investment that pays back $$85,500$ at the end of each of the next $5$ years.

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$($For calculation purposes, use $5$ decimal places as displayed in the factor table provided.$)$

What is the amount Blossom Enterprises invested to earn the $8\%$ rate of return? $($Round answer to $2$ decimal places, e$.$g$.25\mathrm{.}25.)$

Blossom Enterprises invested $

Blossom Enterprises earns $8\%$ on an investment that pays back $$85,500$ at the end of each of the next $5$ years.

Click here to view the factor table.

$($For calculation purposes, use $5$ decimal places as displayed in the factor table provided.$)$

What is the amount Blossom Enterprises invested to earn the $8\%$ rate of return? $($Round answer to $2$ decimal places, e$.$g$.25\mathrm{.}25.)$

Blossom Enterprises invested $

Blossom Enterprises earns $8\%$ on an investment that pays back $$85,500$ at the end of each of the next $5$ years.

Click here to view the factor table.

$($For calculation purposes, use $5$ decimal places as displayed in the factor table provided.$)$

What is the amount Blossom Enterprises invested to earn the $8\%$ rate of return? $($Round answer to $2$ decimal places, e$.$g$.25\mathrm{.}25.)$

Blossom Enterprises invested $

Blossom Enterprises earns $8\%$ on an investment that pays back $$85,500$ at the end of each of the next $5$ years.

Click here to view the factor table.

$($For calculation purposes, use $5$ decimal places as displayed in the factor table provided.$)$

What is the amount Blossom Enterprises invested to earn the $8\%$ rate of return? $($Round answer to $2$ decimal places, e$.$g$.25\mathrm{.}25.)$

Blossom Enterprises invested $

Blossom Enterprises earns $8\%$ on an investment that pays back $$85,500$ at the end of each of the next $5$ years.

Click here to view the factor table.

$($For calculation purposes, use $5$ decimal places as displayed in the factor table provided.$)$

What is the amount Blossom Enterprises invested to earn the $8\%$ rate of return? $($Round answer to $2$ decimal places, e$.$g$.25\mathrm{.}25.)$

Blossom Enterprises invested $