E.) Whats the difference between an ordinary annuity and an annuity due? What type of annuity is shown here? How would you change it to the other type of annuity?

F.) 1. What is the future value of a 3-year, $100 ordinary annuity if the annual interest rate is 4%?

2. What is its present value?

3. What would the future and present values be if it was an annuity due?

G.) A 5-year $100 ordinary annuity has an annual interest rate of 4%?

1. What is its present value?

2. What would the present value be if it was a 10-year annuity?

3. What would the present value be if it was a 25-year annuity?

4. What would the present value be if this was a perpetuity?