Please no plagairism. 75-100 words for each answer. Please place the question above the answer.
6-1. What is an annuity? Give some examples of annuities.
6-2. How do you calculate the future value of an annuity?
6-5. Distinguish between an ordinary annuity and an annuity due.
6-6. What is a level perpetuity? A growing perpetuity?