DEADLINE IS MIDNITE 9 JAN 2011
Present value of an annuity Find the present values of these ordinary annuities. Discounting occurs once a year.
a. $400 per year for 10 years at 10 percent
b. $ 200 per years for 5 years at 5 percent
c. $ 400 per year for 5 years at 0 percent
d. rework parts a, b a and c assuming that they are annuities due