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Ch 05-End-of-Chapter Problems - Time Value of Money Back to Assignment Attempts 0 Keep the Highest 0/6 8. Problem 5.15 (Present Value of an Annuity)

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Ch 05-End-of-Chapter Problems - Time Value of Money Back to Assignment Attempts 0 Keep the Highest 0/6 8. Problem 5.15 (Present Value of an Annuity) eBook 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. $800 per year for 12 years at 8% 6,028.56 $ *. $400 per year for 6 years at 4% $ 2,096.8 C. $200 per year for 6 years at 0% $ 1,200 d. Rework previous parts assuming they are annuities due. Present value of $800 per year for 12 years at 8%$ Present value of $400 per year for 6 years at 4%$ Present value of $200 per year for 6 years at 0%:$ Grade it Now Save & Continue Continue without saving

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