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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 cent.
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. a. $300 per year for 10 years at 14%. $ b. $150 per year for 5 years at 7%. $ c. $800 per year for 5 years at 0%. $ d. Rework previous parts assuming they are annuities due. Present value of $300 per year for 10 years at 14% : $ Present value of $150 per year for 5 years at 7% : $ Present value of $800 per year for 5 years at 0% : $
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