Future value of an annuity Using the values below, answer the questions that follow. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Amount of annuity Interest rate Deposit period (years) 52000 59 9 a. Calculate the future value of the annully, assuming that is (1) An ordinary annuity (2) An annuity due b. Compare your findings in parts aft) and (2). Alles being identical which type of annully-ordinary or annuity due---preferable as an investment? Explain why. a. (1) The future value of the ordinary artys 3 (Round to the nearest cent) (2) The future value of the annuity due is $(Round to the nearest cent) b. Compare your findings in partea(t) and (2) Alle being dentic, which type of annully lo preferable as an investment? (Select the best answer below) Annuity due, because it yields a greater future value Ordinary arty, because it yields a greater future value