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Score: 0 of 1 pt of 16 compte HW SON of 10 P5-18 (similar to) Calculating posit needed you put 3.000 in an account coming her 3 years, you make other post in the same year what you to www What was amount of the deposit and years The amount of the pool at the end of years Round is the nearest cont.) UNA estionideeflushed false&cid-6402330centerwin-yes Spring 2021. FIN 310 (Salicia) Michaela Waynak Homework: Chapter 5 Bcore: 0 of 1 pt 10 of 16 (9 complete) P5-19 (similar to) Future value of an annulty Uning the values below, answer the questions that follow. (Click on the icon localed on the top right some of the data table below in onder to copyas content into sheet) Amount of annuity Interest rate Deposit period (years) $3,000 8% - 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 aft) and (2) Alleise being identical, which type of annuity ordinary or annuity is preferable as an investment? Explain why (1) The future value of the ordinary annuity is $. Round to the nearest cent) 8 Michaela Homework: Chapter 5 Score: 0 of 1 pt 10 of 16 (10 com P5-19 (similar to) Future value of an annuity Uning the value below, unswer the questions that follow (Click on the icon located on the top right corner of the data table below in ondor towy ta content into aproadshot) Amount of annuity Interest rate Deposit period years $3,000 89 Calculate the future value of the annuity, assuming that it is (1) An ordinary anuity (2) An annuity due b. Compare your findings in parts (1) and (2). All else being idential which type of annuity-ordinary or annuit de preferable as an investment? Explain why .. (1) The future value of the ordinary annuity is Round to the nearest cont.)

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