Question: Future value of an annuity Uning the values below, answer the questions that follow (Click on the icon here in order to copy the contents

Future value of an annuity Uning the values below, answer the questions that follow (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Amount of annuity Interest rate Deposit period (years) 53.000 5 Cutite the fature value of the annulysuming that it is An ordinary annuity ) An arvuty due 6% b. Compare your findings in parts act) and (2) An eise being identical, which type of annuityordinary or annuity due-is preferable as an investment? Explain why

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