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


Future value of an annuity Using the values below, answer the questions that follow. (Click on the icon here in order to copy the contents of the datatable below into a spreadshot) Amount of annuity Interest rate Deposit period (years) 39,000 119 a. Calculate the future value of the annully, assuming that it is (1) An ordinary annuty (2) An annully due b. Compare your findings in parts (1) and a(2). Alte being dentical which type of annuity ordinary or annuity dun---s preferat as an investment Explan wy (1) The future value of the ordinary annually is $(Round to the nearest cont) Using the values below, answer the questions that follow. (Click on the icon here in order to copy the contents of the date tutto below into a spreadsheet) Amount of annuity Deposit period (years) 50.000 11% Interest rate of the annuity, assuming that is parts a(1) and (2) All else being identical, which type of annuity-ordinary or annuty duo-s preferable as an investment? Explain why ordinary annuty is Round to the nearest cont) Future value of an annuity Using 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 sornadshot) Amount of annuity Deposit period (years) $9.000 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 annan duo-s proterable as an investment? Explan why Interest rate 115 a. (1) The future value of the ordinary annuity is $(Round to the nearest cant)
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