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Homework answers / question archive / Find the present values of these ordinary annuities
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. $900 per year for 10 years at 8%. b. $450 per year for 5 years at 4%.
c. $600 per year for 5 years at 0%. d. Rework previous parts assuming they are annuities due. Present value of $900 per year for 10 years at 8%: $ Present value of $450 per year for 5 years at 4%: $ Present value of $600 per year for 5 years at 0%: $
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