Present value of an annuity

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Reference no: EM131837490

Find the present values of these ordinary annuities. Discounting occurs once a year. Round your answers to the nearest cent.

$300 per year for 16 years at 14%. $

$150 per year for 8 years at 7%. $

$500 per year for 10 years at 0%. $

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

$300 per year for 16 years at 14%. $

$150 per year for 8 years at 7%. $

$500 per year for 10 years at 0%. $

Reference no: EM131837490

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