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

Find the present values of these ordinary annuities. Discounting occurs once a year. Round your...

50.1K

Verified Solution

Question

Finance

image

Find the present values of these ordinary annuities. Discounting occurs once a year. Round your answers to the nearest cent. a. $700 per year for 12 years at 6% b, $350 per year for 6 years at 3%. C. $1,000 per year for 16 years at 0%. Rework previous parts assuming that they are annuities due. Round your answers to the nearest cent. d, $700 per year for 12 years at 6%. e. $350 per year for 6 years at 3%. f. $1,000 per year for 16 years at 0%

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