Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. ebook find the present values of these ordinary an

eBook Find the present values of these ordinary annuities. Discounting occurs once a year. Do...

90.2K

Verified Solution

Question

Finance

image

eBook Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. a. $400 per year for 16 years at 8%. $ b. $200 per year for 8 years at 4%. $ C. $1,000 per year for 8 years at 0%. $ d. Rework previous parts assuming they are annuities due. Present value of $400 per year for 16 years at 8%: $ Present value of $200 per year for 8 years at 4%: $ Present value of $1,000 per year for 8 years at 0%: $ Grade it Now Save & Continue Continue without saving

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students