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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. $300 per year for 16 years at 16% $ ________ $150 per year for 8 years at 8%. $ _____ $1,000 per year for 8 years at 0%. $ ________ Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent. $300 per year for 16 years at 16%. $ _______ $150 per year for 8 years at 8%. $ _________ $1,000 per year for 8 years at 0%. $ _______
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