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10. PRESENT VALUE OF AN ANNUITY Find the present values of these ordinary annuities. Discounting occurs once a year. Round your answers to the nearest
10.
PRESENT VALUE OF AN ANNUITY Find the present values of these ordinary annuities. Discounting occurs once a year. Round your answers to the nearest cent. a. $900 per year for 10 years at 4%. $ b. $450 per year for 5 years at 2%. C. $800 per year for 12 years at 0%. Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent. d. $900 per year for 10 years at 4%. e. $450 per year for 5 years at 2%. $ f. $800 per year for 12 years at 0%Step by Step Solution
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