TO Suppose you are going to receive $10,500 per year for five years. The appropriate interest rate is 7 percent. a. What is the present value of the payments if they are in the form of an ordinary annulty? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) oints Present value Skipped What is the present value of the payments if the payments are an annuity due? (Do not round intermedlate calculations and round your answer to 2 decimal places, e.g., 32.16.) eBook Present value Hint b. Suppose you plan to invest the payments for five years. What is the future value if the payments are an ordinary annuity? (Do not round Intermedlate calculations and round your answer to 2 decimal places, e.g, 32.16.) Print References Future value What is the future value if the payments are an annuity due? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g, 32.16.) Future value c. Which has the higher present value, the ordinary annulty or annuity due? IClick to select) Which has the higher future value? (Click to select)