You are one of the retirement counselors at a bank. You are asked to give a presentation to a group of investors about how annuities work. During your presentation, the investors are shown six scenarios and are asked to guess which yields the most money invested over the next forty years if all annuities are Ordinary. Actually calculate the final value for each scenario. Discuss what message this presentation should convey to the investors in terms of the effect on your return.

Recalculate the six scenarios as an Annuity Due. Discuss how these results could be used in your presentation. Your final submission should consist of TWELVE numerical answers and both sets of comments. Each numerical answer is worth 1 point and each comment is worth 4 points for a total of 20 points.

3: $2 compounded daily at 6% 4: $600 compounded annually at 5% 5: $150 compounded quarterly at 7% 1: $502: $50. . compounded compounded monthly at monthly at 490 5% 6: $12 compounded weekly at 490 Ordinary Calculations Comments Annuity Due Calculations Comments