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Amount is 5,12,301. Instruction: Do the all things. 1. Erik wishes to select the better of two 10-year annuities, C and D. Annuity C is

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Amount is 5,12,301.

Instruction: Do the all things.

1. Erik wishes to select the better of two 10-year annuities, C and D. Annuity C is an ordinary annuity of 9% of SF7ID per year for 10 years. Annuity D is an annuity due of 10% of $F71D per year for 10 years. Find the future value of both annuities at the end of year 10 if Erik can earn 10% annual interest

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