Click here to read the eBook: Present Value of an Ordinary Annuity PRESENT VALUE OF AN ANNUITY Find the present values of these ordinary annuities. Discounting occurs once a year. Round your answers to the nearest cent. a. $400 per year for 14 years at 16%. b. $200 per year for 7 years at 8%. C. $900 per year for 2 years at 0%. Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent. d. $400 per year for 14 years at 16%. e. $200 per year for 7 years at 8% f. $900 per year for 2 years at 0%