2. Problem 5.14 (Future Value of an Annuity) Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. a. $200 per year for 14 years at 8%. $ b. $100 per year for 7 years at 4%. $ C. $300 per year for 7 years at 0%. $ d. Rework parts a, b, and c assuming they are annuities due. Future value of $200 per year for 14 years at 8%: $ Future value of $100 per year for 7 years at 4%:$ Future value of $300 per year for 7 years at 0%:$ 3. Problem 5.15 (Present Value of an Annuity) Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cer a. $900 per year for 14 years at 12%. $ b. $450 per year for 7 years at 6%. $ c. $400 per year for 7 years at 0%. $ d. Rework previous parts assuming they are annuities due. Present value of $900 per year for 14 years at 12%: $ Present value of $450 per year for 7 years at 6%: $ Present value of $400 per year for 7 years at 0%:$