Question: please answer case B, part A P5-19 Future value of an annuity For each case in the accompanying table, answer the questions that follow. Case

please answer case B, part A

P5-19 Future value of an annuity For each case in the accompanying table, answer the questions that follow. Case Interest rate Deposit period (years) A 10 8% 12 B 6 Amount of annuity $ 2,500 500 30,000 11,500 6,000 20 5 9 8 D E 14 30 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 (2). All else being identical, which type of annuity--ordinary or annuity dueis preferable? Explain why

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