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 12 years at 14%. $ _____
$300 per year for 6 years at 7% $ _____
. $ $900 per year for 12 years at 0%. $ _____
$ Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent.
$600 per year for 12 years at 14%. $ _____
$300 per year for 6 years at 7% .$ _____
$ $900 per year for 12 years at 0%.$ _____