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 10%. $300 per year for 6 years at 5%. $1,000 per year for 8 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 10%. $300 per year for 6 years at 5%. $1,000 per year for 8 years at 0%.