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Using Excel or a financial calculator, solve for the unknowns in each of the following situations.

$($a$)$ On June $1,2024,$ Donna Lawrence purchases lakefront property from her neighbor, Josh Hutcherson, and agrees to pay the purchase price in $10$ payments of $$18,000$ each, the first payment to be payable June $1,2025.($Assume that interest compounded at an annual rate of $7\mathrm{.}60\%$ is implicit in the payments.$)$ What is the purchase price of the property? $($Round answer to $2$ decimal places, e$.$g$.25\mathrm{.}25.)$

Purchase price of the property $

$($b$)$ On January $1,2024,$ Pharoah Corporation purchased $250$ of the $$1,000$ face value, $7\%$ coupon, $10-$year bonds of Sterling Inc. The bonds mature on January $1,2034,$ and pay interest annually beginning January $1,2025.$ Pharoah purchased the bonds to yield $9\mathrm{.}20\%.$ How much did Pharoah pay for the bonds? $($Round answer to $2$ decimal places, e$.$g$.25\mathrm{.}25.)$

Pharoah paid for the bonds $

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