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I want an answer from your words, not to copy PLEEAASSE!! Q4. Using the values below, answer the questions that follow: (lmark) Amount of annuity:

I want an answer from your words, not to copy PLEEAASSE!! image text in transcribed
Q4. Using the values below, answer the questions that follow: (lmark) Amount of annuity: $500 Interest rate: 9% N=10 years a) Calculate the future value of the annuity, assuming that it is (1) An ordinary annuity. (2) An annuity due. b) Compare your findings in parts a(1) and a(2). All else being identical, which type of annuity-ordinary or annuity dueis preferable as an investment? Explain why

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