Question: Please show Clear Answers and Negative (-) Amount if it includes one. Thank You For the Help! payment will be made at the end of

Please show Clear Answers and Negative (-) Amount if it includes one.

Thank You For the Help!

payment will be made at the end of the year. a. How much must you deposit annually to accumulate this amount? b. If you decide to make a large lump-sum deposit today instead of the annual deposits, how large should this lump-sum deposit be? (Assume you can earn 9 percent on this deposit.) your goal? (Again assume you can earn 9 percent on this deposit.) a. How much must you deposit annually to accumulate $44,000 in 9 years? $( (Round to the nearest cent.) b. If you decide to make a large lump-sum deposit today instead of the annual deposits, how large should this lump-sum deposit be? (Assume you can earn 9 percent on this deposit.) (Round to the nearest cent.) your goal? (Again assume you can earn 9 percent on this deposit.) (Round to the nearest cent.)

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