o O 0 o 0 0 0 O 1. When solving for the future value of an annuity, the last cash flow earns no interest 2. Other things equal, the FV of an ordinary annuity the PV of an ordinary annuity. 6. The payment on a discount loan is simply the future value of the loan. 7. Mortgage payments are an example of an ordinary annuity. 8. In an amortization schedule, annual interest expense increases from one year to the next. 9. If you save $100 annually for 30 years and earn 4%, your future value the rate you 0 0 O 0 0 O 0 0