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10. Problem 5.15 (Present Value of an Annuity) 69 eBook Find the present values of these ordinary annuities. Discounting occurs once a year. Do not
10. Problem 5.15 (Present Value of an Annuity) 69 eBook 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. a. $1,000 per year for 12 years at 16%. $ b. $500 per year for 6 years at 8%. $ c. $1,000 per year for 6 years at 0%. $ d. Rework previous parts assuming they are annuities due. Present value of $1,000 per year for 12 years at 16%: $ Present value of $500 per year for 6 years at 8%: $ Present value of $1,000 per year for 6 years at 0%: $
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