You will receive $5,000 per year, every year for the next five (5) years, beginning at the end of this year. If you use 6% as your discount rate, calculate the present value of this annuity. a.b.c.d21,061.8021,095.3721,137.3321,166.67 Refer to the previous question: this is a(n) a. back load annuity b. front load annuity c. annuity due d ordinary annuity A client invests $5,000 every year, at the end of each year, beginning one year from today, for the next five years. The account is expected to earn 6.25% What will the balance be in five years. a.b.c.d28,326.4928,292.5528,267.3528,245.55