Present Value of an Annuity Find the Present Values of these Ordinary Annuities. Discounting occurs once a year.   $600 per year for 12 years at 8%  $300 per year for 6 years at 4%  $500 per year for 6 years at 0%  Rework parts A, B & C assuming they are Annuities Due.

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
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ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 20E
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  1. Present Value of an Annuity

Find the Present Values of these Ordinary Annuities. Discounting occurs once a year.  

  1. $600 per year for 12 years at 8% 
  1. $300 per year for 6 years at 4% 
  1. $500 per year for 6 years at 0% 
  1. Rework parts A, B & C assuming they are Annuities Due. 
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