$18$:$11$

$,(81)$

Notes

March $19,2024$ at $18$:$11$

Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent.

$$700$ per year for $16$ years at $12\%-$

$$350$ per year for $8$ years at $6\%.=$

$$800$ per year for $8$ years at $0\%.=$

Rework previous parts assuming they are annuities due.

Present value of $$700$ per year for $16$ years at $12\%$ : Present value of $$350$ per year for $8$ years at $6\%$ : Present value of $$800$ per year for $8$ years at $0\%$ :

:$-$