Future values For the case shown in the following table, calculate the future value of the single cash flow deported today and to the age perled if the interest is compounded annually at the rate specified (Click on the con here in order to copy the contents of the date the low into a Single cash flow Interest rate Deposit period years) $18,000 12% The future value is (Round to the nearest cent) Future value of an annuity Using the values below, answer the questions that follow (Click on the count on order to copy the corned the datatable below into a spreadsheet) Amount of annuity Interest rate Deposit period years) $4,000 8% 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 (2). All else being identical, which type of annuity-drary or why do pretendewy a. (1) The future value of the ordinary annuity is (Round to the newest cont) (2) The future value of the annuity due is $(Round to the nearest Cent) b. Compare your findings in parts (1) and (2) All elle being identical, which type of annuity is preferable as an meiner Seite bedelice) Ordinary annuity, because it yields a greater future value. Annuity due, because it yields a greater future value