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5-15 Present Value of an Annuity Find the present values of these ordinary annuities . Discounting occurs once a year. $600 per year for 12

5-15 Present Value of an Annuity Find the present values of these ordinary annuities. Discounting occurs once a year.

  1. $600 per year for 12 years at 8%

  2. $300 per year for 6 years at 4%

  3. $500 per year for 6 years at 0%

  4. Rework parts a, b, and c assuming they are annuities due.

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