Question: What is the difference between an ordinary annuity and an annuity due? What are the future value and present value of a five-year ordinary annuity

What is the difference between an ordinary annuity and an annuity due? What are the future value and present value of a five-year ordinary annuity of $1000 if the appropriate interest rate is 10 percent? What would the future and present values be if the annuity were an annuity due?

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