Solution-Find the present value of these ordinary annuities

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Find the present value 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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