Saved Suppose you are going to receive $22,000 per year for 9 years. The appropriate interest rate is 7 percent. What is the present value of the payments if they are in the form of an ordinary a. annulty? $143,335.11 b. What is the present value if the payments are an annuity due? $153,368.57 Next> Prev 2 of 10 atine MicBook Pro Saved c. Suppose you plan to invest the payments for 9 years, what is the future value if the payments are an ordinary annuity? d. Suppose you plan to invest the payments for 9 years, what is the future value if the payments are an annuity due? Next