6. Future value of annuities referred to as "ump sums, and annuities. Based on your There are two categories of cash flows: understanding of annuities, answer the following questions. fows, referred to as sums, which of the following statements about annuities are true? Check all that apply An annuity due is an annuity that makes a payment at the end ofeach period for a certain time period. Ordinary annuities make fixed payments at the end of each period for a certain time period. A perpetuity is a constant, infinite stream of equal cash flows that can be thought of as an infinite annuity An annuity due earns more interest than an ordinary annuity of equal time Which of the following is an example of an annuity? O A job contract that pays a regular monthly salary for three years O A job contract that pays an hourly wage based on the work done on a particular day end of each year, she will deposit $640 in her local bank, which pays her 10% annual interest. Luana decides that she will continue to do this for the next seven years. Luana's savings are an example of an annuity. How much will she save by the end of seven years? O $5,161.02 O $6,071.79 O $3,115.79 O $6,678.97 by the end of seven years. MacBook Ain