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Find the present values of these ordinary annuities . Discounting occurs once a year. Round your answers to the nearest cent. $200 per year for

Find the present values of these ordinary annuities. Discounting occurs once a year. Round your answers to the nearest cent.

  1. $200 per year for 16 years at 10%.

    $

  2. $100 per year for 8 years at 5%.

    $

  3. $700 per year for 16 years at 0%.

    $

    Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent.

  4. $200 per year for 16 years at 10%.

    $

  5. $100 per year for 8 years at 5%.

    $

  6. $700 per year for 16 years at 0%.

    $

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