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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. $500 per year for 10 years at 10%. $ b. $250 per year for 5 years at 5%. $ c. $400 per year for 5 years at 0%. $ d. Rework previous parts assuming they are annuities due. Present value of $500 per year for 10 years at 10%: $ Present value of $250 per year for 5 years at 5%: $ Present value of $400 per year for 5 years at 0%: $
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