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%. $