Question: Please help me answer to this. Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round
Please help me answer to this.
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. $200 per year for 16 years at 12%. $ b. $100 per year for 8 years at 6%. $ c. $700 per year for 8 years at 0%. $ d. Rework previous parts assuming they are annuities due. Present value of $200 per year for 16 years at 12%: $ Present value of $100 per year for 8 years at 6%: $ Present value of $700 per year for 8 years at 0%: $
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