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. Do not...

60.1K

Verified Solution

Question

Finance

image

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. $700 per year for 10 years at 8%. $ b. $350 per year for 5 years at 4%. $ c. $200 per year for 5 years at 0%. $ d. Rework previous parts assuming they are annuities due. Present value of $700 per year for 10 years at 8%:$ Present value of $350 per year for 5 years at 4%:$ Present value of $200 per year for 5 years at 0%:$

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Suppose you put positive charge on an insulated metal box (actually, remove electrons from the box)....

Physics
Q

Discuss the stages of consciousness including wake, interruptions of consciousness, and the stages of sleep. Summarize what...

Psychology
Q

QUESTION 4 Identify the structure s indicated on the chromosomes s

Biology
Q

A scientist is studying the various prokaryotic and eukaryotic species found floating in a sample...

Biology
Q

5 A source of power 600 kW emits photon which incident on a surface 2...

Physics
Q

Under certain air conditions, the air temperature drops about 3.3F for each 1,000-foot rise in...

Basic Math
Q

Suppose that the distribution of typing speed in words per minute wpm for experienced typists...

Statistics
Q

On 30 June 2019, ABC LLC placed into service a building used as a retail...

Accounting
Q

Calculate the PV of the future minimum lease payments using any of the following methods:...

Accounting
Q

Chhom, Inc., manufactures and sells two products Product F9 and Product U4. Data concerning the...

Accounting
Q

Two-Stage ABC for Manufacturing Assume omega Company, a large paint manufacturer, has determined the following...

Accounting
Q

On the first day of the fiscal year, a company issues an $844,000, 7%, 10-year...

Accounting