Find the present values of these ordinary annuities. Discounting occurs once a year.
o $600 per year for 12 years at 8%
o $300 per year for 6 years at 4%
o $500 per year for 6 years at 0%
Find the present values of these ordinary annuities. Discounting occurs once a year.
o $600 per year for 12 years at 8%
o $300 per year for 6 years at 4%
o $500 per year for 6 years at 0%