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Son HD Time value Annuities Personal Finance Problem Marian Kirk wishes to select the better of two 12-year annutes Annuity is an ordinary annuity of

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Son HD Time value Annuities Personal Finance Problem Marian Kirk wishes to select the better of two 12-year annutes Annuity is an ordinary annuity of $2,920 per year for 12 years Annuly 2 is an annuty due of $2,740 per year for 12 years. a. Find the future vakie of both annuities at the end of year 12. assuming that Marian can eam (1) 6% anual intrestand (2) 12% anualest b. Use your findings in part a to indicate which annuity has the greater future vand of year 12 for both the load() 12 Wres. c. Find the present value of both annuities, assuming that Marian can eam (1) 6% annual Interest and (2) 12% annual interest d. Use your findings in parte to indicate which annuity has the greater present value for both the (t) 8% and (2) 12% Woolres Briedy compare, contrast, and explain any differences between your findings using the 8% and 12% interest rates in parts and d

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