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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.

a.) $800 per year for 14 years at 16%.

b.) $400 per year for 7 years at 8%.

c.) $1,000 per year for 7 years at 0%.

d.) Rework previous parts assuming they are annuities due.

Present value of $800 per year for 14 years at 16%: $ ___

Present value of $400 per year for 7 years at 8%: $ ____

Present value of $1,000 per year for 7 years at 0%: $ ___

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