Question: Future valoe of an annuity Using the values belew, answer the quostions that follow (Click on the icon here di in order to copy the

Future valoe of an annuity Using the values belew, answer the quostions that follow (Click on the icon here di in order to copy the canients of tur dabe tatle helwi hitn a ssproadsheat.) a. Calculate the future value of the annuily, assuming that it is (1) An ordinary annulty (2) An annuity due: b. Compare your findings in parts a(1) and a(2) All else being identical, which type of annulty-ordinary of annuity dao-is peeferable as an investrsert? Explain atey a. (1) The future value of the ordinary annuiby is s (Round to the nearest cert.)

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