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.

1. $500 per year for 14 years at 12%.

   $

2. $250 per year for 7 years at 6%.

   $

3. $900 per year for 7 years at 0%.

   $

4. 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 $900 per year for 7 years at 0%: $

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