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For each of the following annuities, calculate the present value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
 

Present Value          Annuity Payment                     Years            Interest Rate

       2,300 7 9%
  1,370 9

8

  12,330 15 10
  31,650 31 12
 Nov 18, 2018
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Can you clarify your question? Take the first one. What is 2,300, 7 , 9%. Do you want the present value of an annuity that pays $2,300 per year for 7 years @ 9% annual rate?

 Nov 18, 2018

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