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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. $1,000 per year for 10 years at 14%.
$
b. $500 per year for 5 years at 7%.
$
c. $600 per year for 5 years at 0%.
$
d. Rework previous parts assuming they are annuities due.
Present value of $1,000 per year for 10 years at 14% : $
Present value of $500 per year for 5 years at 7% : $
Present value of $600 per year for 5 years at 0% : $
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