Find the present values of these ordinary annuities. Discounting occurs once a year. Round your answers to the nearest cent.
$800 per year for 14 years at 14%.
$
$400 per year for 7 years at 7%.
$
$600 per year for 10 years at 0%.
$
Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent.
$800 per year for 14 years at 14%.
$
$400 per year for 7 years at 7%.
$
$600 per year for 10 years at 0%.
$