Here are two ways of investing $25,000 for 25 years. Rate Lump-Sum Deposit $25,000 4% compounded...

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Here are two ways of investing $25,000 for 25 years. Rate Lump-Sum Deposit $25,000 4% compounded annually Rate 4% compounded annually Periodic Deposit $1000 at the end of each year Use this information and the formulas A = P(1+r) and A= a. Time 25 years Time 25 years P[(1+r)-1] SCCORD to complete parts a. and b. below After 25 years, how much more will you have from the lump-sum investment than from the annuity? You will have approximately $ more from the lump-sum investment than from the annuity. (Round to the nearest dollar as needed.) Here are two ways of investing $25,000 for 25 years. Rate Lump-Sum Deposit $25,000 4% compounded annually Rate 4% compounded annually Periodic Deposit $1000 at the end of each year Use this information and the formulas A = P(1+r) and A= a. Time 25 years Time 25 years P[(1+r)-1] SCCORD to complete parts a. and b. below After 25 years, how much more will you have from the lump-sum investment than from the annuity? You will have approximately $ more from the lump-sum investment than from the annuity. (Round to the nearest dollar as needed.)

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