Question: Future value of an annuity Using the values below, answer the questions that follow (Click on the icon located on the top-right comer of the

 Future value of an annuity Using the values below, answer the

Future value of an annuity Using the values below, answer the questions that follow (Click on the icon located on the top-right comer of the data table below in order to copy its contents into a spreadsheet ) 2. Calculate the fulure value of the annuty, assuming that it is (1) An ordinary arinuty (2) An annuty due b. Compare your findings in parts a(1) and ar2) Al else being identical, which type of annuity-ordinary or annuty due-is preferable a. (1) The future value of the ordinary annuty is $

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