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Present value of an ordinary annuity. Fill in the missing present values in the following table for an ordinary annuity. Number of Annual Payments or Interest Rate Future Value Annuity Present Value Years 10 16 27 360 10% 12% 4% 0.9% 0 $322.51 $3,178.79 $626.65 $2,474.96

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Answer #1
Years Interest rate Annuity payment Present value
10 10% $                   322.51 $                        1,981.68
PV(10%,10,322.51,)
16 12% $               3,178.79 $                     22,168.84
27 4% $                   626.65 $                     10,232.93
360 0.9% $               2,474.96 $                   264,068.43
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