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 $200 per year for 16 years at 12 $ b $100 per year for 8 years at 6 $ c $700 per year for 8 years at 0 d Rework previous parts assuming they are annuities due Present value of $200 per vear for 16 vears at 12 $ Present value of $100 per year for 8 years at 6 $ Present value of $700 per year for 8 years at 0 $ 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 $200 per year for 16 years at 12 $ b $100 per year for 8 years at 6 $ c $700 per year for 8 years at 0 d Rework previous parts assuming they are annuities due Present value of $200 per vear for 16 vears at 12 $ Present value of $100 per year for 8 years at 6 $ Present value of $700 per year for 8 years at 0 $

Question

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  $200 per year for 16 years at 12   $ b  $100 per year for 8 years at 6   $ c  $700 per year for 8 years at 0   d  Rework previous parts assuming they are annuities due  Present value of $200 per vear for 16 vears at 12  $ Present value of $100 per year for 8 years at 6    $ Present value of $700 per year for 8 years at 0  $ 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  $200 per year for 16 years at 12   $ b  $100 per year for 8 years at 6   $ c  $700 per year for 8 years at 0   d  Rework previous parts assuming they are annuities due  Present value of $200 per vear for 16 vears at 12  $ Present value of $100 per year for 8 years at 6    $ Present value of $700 per year for 8 years at 0  $

Accepted Answer

The Answer is in the image, click to view ...

Question

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.

Step by Step Solution

Step: 1

Get Instant Access to Expert-Tailored Solutions

Step: 2

Step: 3

Ace Your Homework with AI

Recommended Textbook for

De Gruyter Handbook Of Personal Finance

Students also viewed these Finance questions

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question