Present value of the given annuities

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Reference no: EM13258883

What is the present value of the following annuities?

a. $2,500 a year for 10 years discounted back to the presentat 7 percent

b. $70 a year for 3 years discounted back to the present at3 percent

c. $280 a year for 7 years discounted back to the present at6 percent

d. $500 a year for 10 yearsdiscounted back to the present at 10 percent

Reference no: EM13258883

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