An investment will pay $100 at the end of each of the next 3 years, $250 at the end of Year 4,$350 at the end of Year 5 , and $550 at the end of Year 6 . If other investments of equal risk earn 12% annually, What is its present value? its future value? Do not round intermediate calculations. Round your answers to the nearest cent. Present value: 5 Future value: 5 ad the future values of the following ordinary annuitles: a. FV of $400 paid each 6 months for 5 years at a nominal rate of 7% compounded semiannually, Do not round intermediate calculations. Round your answer to the nearest cent. 3 b. FV of $200 pald each 3 months for 5 years at a nominal rate of 7% compounded quarterly. Do not round intermediate calculations. Round your answer to the nearest cent. 5 c. These annuities receive the same amount of cash during the 5-year period and earn interest at the same nominal rate, yet the annuity in part: bends up larger than the one in part a. Why does this occur? 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. $400 per yesr for 14 years at 144 . 5 b. $200 per year for 7 yedrs ot 7. 4 c. 5300 per year for 7 yeart at 0 w. 3 d. Rework previous parts assuming they sre ansulbes due. Present value of 8400 per yesr for 14 yents at 14th:s. Present value of szoo per year for 7 years ot 7 Wsi is Pretent value of s 300 per yeer for 7 years at owe