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PRESENT VALUE OF AN ANNUITY Find the present values of these ordinary annuities. Discounting occurs once a year. Round your answers to the nearest cent.
PRESENT VALUE OF AN ANNUITY Find the present values of these ordinary annuities. Discounting occurs once a year. Round your answers to the nearest cent. a. $400 per year for 10 years at 6%. 2944 b. $200 per year for 5 years at 3%. $ 916 c. $700 per year for 10 years at 0%. $ 7000 Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent. d. $400 per year for 10 years at 6%. e. $200 per year for 5 years at 3%. $ f. $700 per year for 10 years at 0%. $ 7000
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