Business, 15.02.2022 14:00, ELGuapo6746

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. $300 per year for 16 years at 6%.
b. $150 per year for 8 years at 3%.
c. $700 per year for 8 years at 0%.

Rework previous parts assuming they are annuities due.
d. Present value of $300 per year for 16 years at 6%:
e. Present value of $150 per year for 8 years at 3%:
f. Present value of $700 per year for 8 years at 0%:

Answers: 2

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Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round in...