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.

$400 per year for 14 years at 4%.:

$ = ________

$200 per year for 7 years at 2%.:

$ = ________

$500 per year for 7 years at 0%.:

$ = _______

Rework previous parts assuming they are annuities due.

Present value of $400 per year for 14 years at 4%: $ = ________

Present value of $200 per year for 7 years at 2%: $ = ________

Present value of $500 per year for 7 years at 0%: $ = ________