Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated periods

Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated periods.

(a)

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$52,650 receivable at the end of each period for 7 periods compounded at 11%. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

Present value$enter the present value in dollars rounded to 0 decimal places

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(b)

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$52,650 payments to be made at the end of each period for 17 periods at 9%. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

Present value$enter the present value in dollars rounded to 0 decimal places