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.$200 per year for 12 years at 14%.$ $100 per year for 6 years at 7%.$ $500 per year for 6 years at 0%.$ Rework previous parts assuming they are annuities due.Present value of $200 per year for 12 years at 14%: $ Present value of $100 per year for 6 years at 7%: $ Present value of $500 per year for 6 years at 0%: $

Answered: Find the present values of these…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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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.

$200 per year for 12 years at 14%.

$
$100 per year for 6 years at 7%.

$
$500 per year for 6 years at 0%.

$
Rework previous parts assuming they are annuities due.

Present value of $200 per year for 12 years at 14%: $

Present value of $100 per year for 6 years at 7%: $

Present value of $500 per year for 6 years at 0%: $

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