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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.

  1. $700 per year for 12 years at 8%.

    $

  2. $350 per year for 6 years at 4%.

    $

  3. $1,000 per year for 6 years at 0%.

    $

  4. Rework previous parts assuming they are annuities due.

    Present value of $700 per year for 12 years at 8%: $

    Present value of $350 per year for 6 years at 4%: $

    Present value of $1,000 per year for 6 years at 0%: $

Please, if possible, can you explain how to find the answers on the BAII Plus Calculator. Thanks in advance.

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