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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. $400 per year for 14 years at 16%. $ b. $200 per year for 7 years at 8%. c. $300 per year for 7 years at 0%. d. Rework previous parts assuming they are annuities due. Present value of $400 per year for 14 years at 16%: $ Present value of $200 per year for 7 years at 8%: $ Present value of $300 per year for 7 years at 0%: $
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