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omework Part 1 13 Decide whether the following annuity represents an ordinary annuity. If so, identify n, i, and R, and calculate the present value or the future value, whichever is appropriate. A deposit is made at 3% interest compounded monthly into a fund that pays $5 at the end of each month for 4 years. . . . Is this an ordinary annuity? O A. No because the payment period is not yearly. O B. Yes because payments are made at the end of each interest period. O C. Yes because the payment period is not yearly. O D. No because the payment period is different from the interest period