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5-7: Future Value of an Ordinary Annuity 5-8: Future Value of an Annuity Due Future value: annuity versus annuity due a. What's the futu re

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5-7: Future Value of an Ordinary Annuity 5-8: Future Value of an Annuity Due Future value: annuity versus annuity due a. What's the futu re value of a 8%, 5-year ordinary annuity that pays $600 each year? Round your answer to the nearest cent. b. If this was an annuity due, what would its future value be? Round your answer to the nearest cent

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