Ch 5- End of Chapter Problems Part 1 Back to Assignment Attempts Keep the Highest / 6 8. Problem 5.15 (Present Value of an Annuity) EE O 14 | 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. $500 per year for 10 years at 6%. $ b. $250 per year for 5 years at 3%. $ c. $600 per year for 5 years at 0%. $ d. Rework previous parts assuming they are annuities due. Present value of $500 per year for 10 years at 6%: $ Present value of $250 per year for 5 years at 3%: $ Present value of $600 per year for 5 years at 0%: $