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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.

$800 per year for 14 years at 6%.

$  

$400 per year for 7 years at 3%.

$  

$400 per year for 6 years at 0%.

$  

Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent.

$800 per year for 14 years at 6%.

$  

$400 per year for 7 years at 3%.

$  

$400 per year for 6 years at 0%.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92272832

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