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Find the present values of these ordinary annuities . Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest
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.
$900 per year for 10 years at 12%.
$
$450 per year for 5 years at 6%.
$
$1,000 per year for 5 years at 0%.
$
Rework previous parts assuming they are annuities due.
Present value of $900 per year for 10 years at 12%: $
Present value of $450 per year for 5 years at 6%: $
Present value of $1,000 per year for 5 years at 0%: $
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