Question: 9 Future value of an annuity Using the value below answer the questions that follow. (Click on the icon here in order to copy the

 9 Future value of an annuity Using the value below answer

9 Future value of an annuity Using the value below answer the questions that follow. (Click on the icon here in order to copy the contents of the data Tablo below into a spreadsheet) Amount of annuity Interest rate Deposit period (years) $5.000 6% a. Calculate the finure valen of the annually amenning that it is 01). An ordinary annuity (2) An annuity due . Compare your findings in parts (1) and a(2) Alche being identical, which type of annuity-ordinary or annuly duels preferable as an investment? Explain why (0) The future value of the ordinary annuity is 5 Round to the nearest cant)

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