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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. $800 per year for 10 years at 12%. $ b. $400 per year for 5 years at 6%. 5 c. $900 per year for 5 years at 0%. $ d. Rework previous parts assuming they are annuities due. Present value of $800 per year for 10 years at 12%:$ Present value of $400 per year for 5 years at 6%:$ Present value of $900 per year for 5 years at 0%:$
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