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What's the difference between an ordinary annuity and an annuity due? What type of annuity is shown here? How would you change it to the

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What's the difference between an ordinary annuity and an annuity due? What type of annuity is shown here? How would you change it to the other type of annuity? e. $100 $100 $100 1, what is the future value of a 3-year, $100 ordinary annuity if the annual interest rate is 4%? 2. What is its present value? 3. What would the future and present values be if it was an annuity due? A 5-year $100 ordinary annuity has an annual interest rate of 4%. 1. What is its present value? 2. What would the present value be if it was a 10-year annuity? 3. What would the present value be if it was a 25-year annuity? 4. What would the present value be if this was a perpetuity? g. 0-year-old student wants to save $5 a day for her retirement. Every day she places $5 in a drawer. At the end of each year, she invests the accumulated savings (51,825) in a brokerage account with an expected annual return h. A 2 8% 1. If she keeps saving in this manner, how much will she have accumulated at age 65? 2. If a 40-year-old investor began saving in this manner, how much would he have at age 65? 3. How much would the 40-year-old investor have to save each year to accumulate the same amount at 65 as the . 20-year-old investor? am? Tha annual interest rate is 4%

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