Find the present value of the ordinary annuities

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Reference no: EM13876250

Find the present value of the following ordinary annuities:

a) PV of $300 each six months for five years at a simple rate of 12 percent, compounded semi annually

b) PV of $150 each three months for five years at a simple rate of 12 percent, compounded quarterly

Reference no: EM13876250

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