Homework: Chapter 5 Homework 2.0 Question 5, P5-19 (simila... Part 1 of 3 HW Score: 0%, 0 of 9 points O Points: 0 of 1 0 Save 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 its contents into a spreadsheet.) Amount of annuity Interest rate Deposit period (years) $10,000 11% 6 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 dusis preferable as an investment? Explain why. a. (1) The future value of the ordinary annuity is S. (Round to the nearest cent.) Help Me Solve This View an Example Get More Help Clear All Check