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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. $200 per year for 16 years at 6%. $ 2142.45 b. $100 per year for 8 years at 3%. C. $1,000 per year for 10 years at 0%. Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent. d. $200 per year for 16 years at 6%. e. $100 per year for 8 years at 3%. f. $1,000 per year for 10 years at 0%. $
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