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3. $1,000 per year for 16 years at 10%. $ 7823.71 b. $500 per year for 8 years at 5%. $ 3231,61 C. $800 per

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3. $1,000 per year for 16 years at 10%. $ 7823.71 b. $500 per year for 8 years at 5%. $ 3231,61 C. $800 per year for 8 years at 0%. $ 8606.08 d. Rework previous parts assuming they are annuities due. Present value of $1,000 per year for 16 years at 10%: $ Present value of $500 per year for 8 years at 5%: $ Present value of $800 per year for 8 years at 0%:$ 3393.19

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