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7 2 points Present Values of Annuity a-1. Calculate the present value of an annual payment of $860.00 you would received for 12 years
7 2 points Present Values of Annuity a-1. Calculate the present value of an annual payment of $860.00 you would received for 12 years if the interest rate is 9.51%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value $ 54113.22 a-2. Calculate the present value of an annual payment of $688.00 you would received for 19 years if the interest rate is 9.51%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value $ 5174.56 b-1. Calculate the present value of an annual payment of $860.00 you would received for 12 years if the interest rate is 13.40%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value $ 4774.25 b-2. Calculate the present value of an annual payment of $688.00 you would received for 19 years if the interest rate is 13.40%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value $ 3553.8
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