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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.
$800 per year for 10 years at 4%.
$400 per year for 5 years at 2%.
$200 per year for 5 years at 0%.
$ Rework previous parts assuming they are annuities due.
Present value of $800 per year for 10 years at 4%:
Present value of $400 per year for 5 years at 2%:
Present value of $200 per year for 5 years at 0%:
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