True False O O 7. Mortgage payments are not an example of an ordinary annuity. O 0 O O 8. In an amortization schedule, annual interest expense increases from one year to the next. 9. If you save $100 annually for 30 years and earn 4%, your future value the rate you could earn. 11. Ordinary annuities assume that payments occur at the start of each period. o O O