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You receive $ 5 0 0 today and every month for the next 2 0 years. You will receive this payment at the beginning of

You receive $500 today and every month for the next 20 years.
You will receive this payment at the beginning of the month. Assume
you can earn 5% on this annuity. ANSWER PART A,B AND C
A.) how much is the annuity worth?
B.) what is the value if the annuity pays at the end of the month?
C.) briefly explain the relation between the value of the two annuities?

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