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 questions that follow (Click on the icon located on the top-right comer of the data table below i order to copy its contents into a spreadsheet) Deposit period(years) Amount of annuity $500 Interest rate a. Calculate the future value of the annuily, assuming that it is (1) An ordinary annuity 2) An aneuty due b. Compare you findings in parts alt) and al2) Al elbe being identical, which type of annaiyornry or annulity de is preferable as an investment? Explain why a.(1) The tau value of the ordinary annulty is (Round to the nearest cent) Clear Al Type here to enoWO

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