Find the present values of these ordinary annuities. Discounting occurs once a year. a. $400 per year

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Find the present values of these ordinary annuities. Discounting occurs once a year.

a. $400 per year for 10 years at 10%

b. $200 per year for 5 years at 5%

c. $400 per year for 5 years at 0%

d. Rework Parts a, b, and c assuming they are annuities due.


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Fundamentals of Financial Management

ISBN: 978-0324664553

Concise 6th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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