semiannually *** in the bank for 13 years and earn 16 percent compounded e. What is an annuity due? How does this differ from an ordinary annuity? 1. What is the present value of an ordinary annuity of $2.300 per year for 27 years discounted back to the present at 9 percent? What would be the present value if it were an annuity due? g. What is the future value of an ordinary annuity of $2,300 per year for 27 years compounded at 9 percent? What would be the future value if it were an annuity due? h. You have just borrowed $190,000, and you agree to pay it back over the next 10 years in 10 equal end-of-year payments plus 11 percent compound interest on the unpaid balance. What will be the size of these payments? 1. What is the nresent value of