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(Present value of an annuity) What is the present value of thefollowing annuities? a. $2,500 a year for 10 years discounted back ot thepresent at

(Present value of an annuity) What is the present value of thefollowing annuities?

a. $2,500 a year for 10 years discounted back ot thepresent at 7 percent

b. $70 a year for 3 years discounted back to the present at 3percent

c. $280 a year for 7years discounted back to the present at 10percent

d. $500 a year for 10 years discounted back to the present at10 percent

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