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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

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. $500 per year for 14 years at 12%.
$
b. $250 per year for 7 years at 6%.
$
c. $700 per year for 7 years at 0%.
$
d. Rework previous parts assuming they are annuities due.
Present value of $500 per year for 14 years at 12%:$
Present value of $250 per year for 7 years at 6% : $
Present value of $700 per year for 7 years at 0% : $
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