Annulty payments are assumed to come at the end of each payment period (termed an ordinary annuity). However, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due). What is the future value of a 10-year annuity of $10,000 per period where payments come at the beginning of each period? The interest rate is 8 percent. Use Append x. C for an approximate answer, but calculate your final answer using the formula and financial calculator methods. To find the future value of an annuity due when using the Appendix tables, add 1 to n and subtract 1 from the tabulor value. For example, to find the future value of a $100 payment at the begining of each period for five periods at to percent, go 10 Appendix C for n=6 and i=10 percent. Look up the value of 7.716 and subtract 1 from it for an answer of 6.716 or $671.60 ( $100