Business, 28.02.2020 05:55 julianastri6841

(1) The future value of the ordinary annuity is $22713.1822713.18. (Round to the nearest cent.) (2) The future value of the annuity due is $25211.6325211.63. (Round to the nearest cent.) b. Compare your findings in parts a(1) and a(2). All else being identical, which type of annuity is preferable as an investment? (Select the best answer below.) Ordinary annuity, because it yields a greater future value. Annuity due, because it yields a greater future value.

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(1) The future value of the ordinary annuity is $22713.1822713.18. (Round to the nearest cent.) (2)...

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