12 Future value of an annulty Using the values below, answer the questions that follow. (Click on the icon located on the top-right corner of the data table below in on Amount of annuity Interest rato Deposit period (years) $9,000 9% a. Calculate the future value of the annuity, assuming that it is (1) An ordinary annuity (2) An annuity due b. Compare your findings in parts (1) and a(2). All else being identical, which type of annuity-ordinary or annulty due preferable as an investment? Explain wh a. (1) The future value of the ordinary annuity is $(Round to the nearest cont.) S answer the questions that follow. (Click on the loon located on the top-right comer of the data table below in order to copy its contents into a spenadahont.) Amount of annuity Deposit period (years) Interest rate 9% $9,000 12 that it is se being identical, which type of annuity ordinary or annuity due proforable as an investment? Explain why - (Round to the nearest cont.)