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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.
$700 per year for 12 years at 8%.
$
$350 per year for 6 years at 4%.
$
$1,000 per year for 6 years at 0%.
$
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%: $
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