Investment \\( X \\) offers to pay you \\( \\$ 5,100 \\) per year for nine years, whereas Investment \\( Y \\) offers to pay you \\( \\$ 7,200 \\) per year for five years. a. Calculate the present value for Investments \\( X \\) and \\( Y \\) if the discount rate is 6 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Calculate the present value for Investments \\( X \\) and \\( Y \\) if the discount rate is 16 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
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