Find the present values of these ordinary annuities

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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.

$600 per year for 10 years at 6%. $  

$300 per year for 5 years at 3%. $  

$800 per year for 10 years at 0%. $  

Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent.

$600 per year for 10 years at 6%. $  

$300 per year for 5 years at 3%. $  

$800 per year for 10 years at 0%. $

Reference no: EM131308909

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