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https.//www.mathxl.com/Student/PlayerHomework.aspx? homeworkld=56/0124/ 1 &questionla= Iaflushed=falseccia=0 F20 College Mathematics Online (sections 0987 & 0848) stacey jarvis & | 09/06/20 6:26 PM Homework: Section 8.4 Homework Save Out Score: 0 of 1 pt 15 of 15 (9 complete) HW Score: 40%, 6 of 15 pts 8.4.67 Question Help If you are going to buy a new copier for your small business that costs $14,000, are you better off paying cash for it or making five yearly payments of $3,500 at the end of each year? Think about the future value of investing the lump sum of $14,000 versus the value of investing the $3,500 each year in an annuity, and consider two cases. one where you earn 3% on your investments and one where you earn 9% After five years, if the $14,000 cash is invested at 3%, the total value of the account would be $ . If it is invested at 9%, the total value of the account would be $ If the $3,500 payments are invested at 3%, the total value of the account would be $ . If they are invested at 9%, the total value of the account would be $ Therefore, at 3%, less would be paid by and at 9%, less would be paid by (Round to the nearest cent as needed ) 0