There are two equally risky annuities, each paying $20,000 per year for 10 years. One is an ordinary annuity while the other is an annuity due. If you are the one that pays the cash flows, you would choose (FILL IN YOUR FIRST CHOICE HERE). If you are the one that receives the cash flows, you would choose (FILL IN YOUR SECOND CHOICE HERE). The annuity due, the ordinary annuity Without information about the appropriate interest rate, we cannot find the values of the two annuities; hence we cannot tell which is better for the payer or the receiver Either one is foie as there is no difference for the receiver or the pay The ordinary annuity, the annuity due The annuity duchowever, if the payments on both were doubled to $40,000, the ordinary annuity would be preferred