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. $400 per year for 14 years at 10%.

   $ __________

2. $200 per year for 7 years at 5%.

   $ ___________

3. $300 per year for 7 years at 0%.

   $ __________

4. Rework previous parts assuming they are annuities due.

   Present value of $400 per year for 14 years at 10%: $ _________

   Present value of $200 per year for 7 years at 5%: $ _________

   Present value of $300 per year for 7 years at 0%: $ _________