Aruly payments are assumed to come at the end of each payment periodermed an ordinary . However, and when the annuity payments come at the beginning of each period fermedan muy del What is the future of a 16-yearuty of 1.500 per period where payments come a beginning of each period? The interest rate is 15 percent Use Appendix for an acprimate answer but calculate your in answer using the formula and trancia calculate methods to find the tune value of an utye when using the Apendix tables aos 1o and subac 1 from the tabular value. For example, to find the future value of a $100 payment at the beginning of each period for five periods of 10 percent, go to Appendix for 6 and 10 percent. Look up the wave of 7716 and act 1 from for an answer of 6.710 307 160 ($100 .710 Do not round intermediate calculations. Round your final answer to 2 decimal places.)