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Find the present values of these ordinary annuities

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Question - 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.

1. $500 per year for 12 years at 4%.

2. $250 per year for 6 years at 2%.

3. $200 per year for 6 years at 0%.

Rework previous parts assuming they are annuities due.

1. Present value of $500 per year for 12 years at 4%:

2. Present value of $250 per year for 6 years at 2%:

3. Present value of $200 per year for 6 years at 0%:

Reference no: EM132639880

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