15. Problem 5.15 Click here to read the eBook: Present Value of an Ordinary Annuity 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. a. $200 per year for 14 years at 12%. b. $100 per year for 7 years at 6%. C. $700 per year for 16 years at 0%. Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent. d. $200 per year for 14 years at 12%. e. $100 per year for 7 years at 6%. f. $700 per year for 16 years at 096