Future value of an annulty 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 es contents into a into a spreadsheet Amount of annuity Interest rate Deposit period (years) $8.500 12% 9 Calculate the future value of the annuty, assuming that it is 3). An ordinary any (2) An annuty dun. b. Compare your findinga in parta eft) and (2) Ar ele being identical, which type of annuity-ondicy of annuty dura preferable as an kwestrerd? Explain why 1. (1) The futurn value of the ordinary anruty > (Round to the nearest cont.) 12) The turn value of the annuity duris Round to the nearest cont.) b. Compare your findings in parts )and 2) All else being identical which type of annuity is preferable as an investment? (Select the best answer below.) Ordinary annuity, because it yields a greater future value Annuity due, because it is a greater future value