document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=202868>Question 202868</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Please help, need help with finance worksheet problems to better understand, Thank you so much!!!!\r<BR>\n" );
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document.write( " What is the present value of the following annuities?\r<BR>\n" );
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document.write( "A.	$2,500 a year for 10 years discounted back to the present at 7 percent<BR>\n" );
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document.write( "B.	$70 a year for 3 years discounted back to the present at 3 percent \r<BR>\n" );
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document.write( "c.	$280 a year for 7 years discounted back to the present at 6 percent \r<BR>\n" );
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document.write( "C.	$500 a year for 10 years discounted back to the present at 10 percent<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #153139 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=153139\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A) P=FV/(1+.07)^10<BR>\n" );
document.write( "P=2500/(1.07)^10<BR>\n" );
document.write( "P=2500/1.967151357<BR>\n" );
document.write( "P=$1270.87<BR>\n" );
document.write( "Here is (A) try the others on your own.<BR>\n" );
document.write( "Good luck </SPAN>\n" );
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