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

Future value of an annulty 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 spreadsheet.) Deposit perlod (years) Amount of annulty $9,500 Interest rate 12% 12 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 a(1) and a(2). All else being identical, which type of annuity-ordinary or annuity due is preferable as an investment? Explain why GOOD a. (1) The future value of the ordinary annuity is $. (Round to the nearest cent.) Help me solve this View an example Get more help. Clear

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