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Find the present values of these ordinary annuities. Discounting occurs once a year. Round your answers to the nearest cent.
a $700 per year for 10 years at 4%.
$
b $350 per year for 5 years at 2%.
c $400 per year for 6 years at 0%.
Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent.
d $700 per year for 10 years at 4%.
e $350 per year for 5 years at 2%.
f $400 per year for 6 years at 0%.
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