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Please show excel formulas. Thank you. Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round
Please show excel formulas. Thank you.
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. $1,000 per year for 10 years at 8%. $. b. $500 per year for 5 years at 4%. $. c. $1,000 per year for 5 years at 0%. $. d. Rework previous parts assuming they are annuities due. Present value of $1,000 per year for 10 years at 8%: $ Present value of $500 per year for 5 years at 4%: $. Present value of $1,000 per year for 5 years at 0%: $Step by Step Solution
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